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PNB Housing Finance loan growth: PNB Housing Finance eyes over 17% growth in FY25 loan book

Managing director Girish Kousgi told ET that the lender is aiming to grow its retail book by 17% in FY25, while the overall loan growth is likely to be more when it resumes corporate lending.

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West-bengal
India
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Retail-lending
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PNB Housing Fin Consolidated March 2024 Net Sales at Rs 1,809.95 crore, up 10.65% Y-o-Y

PNB Housing Fin Consolidated March 2024 Net Sales at Rs 1,809.95 crore, up 10.65% Y-o-Y
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PNB Housing Finance to borrow 16-17% more in FY25 over FY24: Girish Kousgi, MD

In the corporate segment, PNB Housing Finance has one loan account that s an NPA worth Rs 68 crore. Kousgi expects the same to be resolved in two-three months.

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Chief-executive-officer
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Retail-disbursements

Buy PNB Housing Finance; target of Rs 1010: ICICI Securities

ICICI Securities is bullish on PNB Housing Finance recommended buy rating on the stock with a target price of Rs 1010 in its research report dated April 30, 2024.

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