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PNB Housing eyes revival of construction finance

Financial Express Pune

|

October 29, 2025

New managing director & CEO to be appointed soon

- KSHIPRA PETKAR & MAHESH NAYAK

PNB HOUSING FINANCE (PNB Housing) is reentering the corporate lending space with plans to build a calibrated construction finance portfolio that will account for 5% of its overall loan book by FY27.

The company, which currently maintains a retail-heavy (99.6%) book, is looking to diversify while staying anchored in its core strengths of catering to the affordable and emerging market segments, particularly in tier-III and IV cities.

“We are expanding into construction finance with a clear focus on well-regulated, post-RERA projects. The H2 of FY26 should see some corporate loan disbursements happening,” said Executive Director Jatul Anand, adding that the company would be focusing entirely on construction finance.

FLERE HISTORIER FRA Financial Express Pune

Financial Express Pune

New BP boss becomes Big Oil’s most powerful woman

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Vi arm VITIL raises ₹3,300 cr

DEBT-RIDDEN VODAFONE Idea on Thursday said its subsidiary VITIL has completed a ₹3,300-crore fundraise by way of issuing non convertible debentures.

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Securities market Bill in LS

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time to read

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Accenture beats Q1 sales estimates on AI boost

NASDAQ-LISTED IT services major Accenture on Thursday beat Street estimates for firstquarter revenue, riding on a strong demand for its artificial intelligence (AI) solutions, but said it will no longer disclose separate revenue and bookings data for AI deals going ahead, as the tech is now increasingly embedded across almost all projects.

time to read

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More pressure likely for GIC Re

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Airtel rejigs top deck, Shashwat new MD & CEO

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Oman FTA to boost capital flow

TRADE EXPERTS SAID the significance of the deal is more than what the current trade suggests, as it would help strengthen New Delhi’s economic and geopolitical presence at the mouth of the Gulf.

time to read

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Railways failed to monetise vacant land, says CAG report

OUT OF A land holding of about 488,000 hectares, the Indian Railways could identify by March 2023 only 13% as vacant land and managed to award a negligible 0.14% of it to developers, according to a report of the Comptroller and Auditor General of India (CAG) tabled in the Lok Sabha on Thursday.

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Sebi mulls stricter norms for M&As

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