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PNB Housing aims to boost affordable home loans
December 04, 2024
|Mint Mumbai
PNB Housing Finance Ltd expects to grow its retail loan book to ₹1 trillion by FY27, chief executive Girish Kousgi said on Tuesday, as the non-bank lender doubles down on the affordable housing segment in search of better profitability.
Of the ₹1 trillion estimated portfolio, the mortgage lender plans to have about 15% in affordable housing loans, 25% to the emerging segment and the remaining 60% to prime customers.
While the loan size in the affordable housing segment is ₹13-14 lakh, the emerging and prime segments have ticket sizes of ₹25 lakh and ₹35 lakh, respectively.
هذه القصة من طبعة December 04, 2024 من Mint Mumbai.
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