PNB Housing which had set a target of INR 5000 crore loan book for its affordable housing segment for FY25 , is now aiming for INR 15000 crore home loan finance by 2026-27.
Currently, PNB Housing Finance has a retail loan book of INR 68000 crore with primary focus on home loans. According to Girish Kousgi, Managing Director & CEO, PNB Housing Finance was looking at retail growth of 17% in 2024 and for the next two years , it could be in the range of 18.5-19%, taking the retail book to INR 1 lakh crore. Out of this affordable book will be INR 25000 crore and the balance INR 60000 crore will be in prime. With affordable housing sector gaining significant traction in demand, PNB Housing Finance with a market capitalisation of INR 22091 crore, has seen strong growth across the North, South and Western regions .