Bengaluru, 20^th November 2025: PNB Housing Finance, one of India’s largest housing finance companies, announced a credit rating upgrade from India Ratings on its Non-Convertible Debentures (NCDs) and Bank Loans from ‘IND AA+’ to ‘IND AAA’ with a Stable Outlook. The rating rationale highlights the Company’s proven track record across key business parameters, its consistent improvement in profitability and asset quality, along with granularization of the loan book, thereby reducing concentration risks. It also acknowledges Punjab National Bank’s strategic stake in PNB Housing and its shared legacy, thus reinforcing confidence in the Company’s long-term stability.

Mr. Jatul Anand, Executive Director, PNB Housing Finance stated, “We are proud to receive a credit rating upgrade from India Ratings to ‘IND AAA’, marking a significant milestone in our growth journey. It reaffirms the strength of our business fundamentals, strategic direction, strong financial health and prudent risk management practices. The sustained trajectory of rating upgrades over the past two years is a testament to the confidence that the promoters Punjab National Bank, and our investors and stakeholders place in us. We remain committed to building a resilient retail-focused franchise, strengthening our asset quality, and enhancing our liquidity position.”

This upgrade follows the earlier rating enhancement from ‘IND AA’ to ‘IND AA+’ in Q3 FY24, underscoring the Company’s sustained progress and the continued trust and confidence of investors in its financial strength and governance standards. The successive upgrades reflect PNB Housing’s consistent performance and resilience across business cycles.

The post PNB Housing Finance Reinforces Its Financial Strength with Credit Rating Upgrade to ‘IND AAA’ from India Ratings appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

Bengaluru, September 30, 2025: PNB Housing Finance, one of India’s leading housing finance companies, has launched ‘Ghar Ki Baat: Home Stories’, a customer-centric initiative that brings to life the journeys of 11 families who turned their dream of owning a home into reality through PNB Housing’s tailored loan solutions. Adding a layer of warmth and connect to the series are celebrated personalities, Mr. Manoj Pahwa and Mr. Nizhalgal Ravi, who are the narrators for each story.

With ‘Ghar Ki Baat: Home Stories’, PNB Housing Finance reinforces its reputation as an innovative brand that blends authenticity, purpose, and creativity to engage with audiences nationwide. Featuring 11 real-life narratives in multiple languages, the series aims to deepen audience engagement through hyper-local, multilingual storytelling. It captures the authentic voices of customers from the Company’s affordable housing and Emerging Markets segments, illustrating how it has empowered individuals from diverse socio-economic backgrounds.

Watch the teaser here: www.youtube.com/watch?v=DT3KLZUItkA

The 11-episode series will be rolled out across social media and digital platforms to ensure maximum visibility and resonance. The empathetic storytelling by widely acclaimed actors Mr. Manoj Pahwa and Mr. Nizhalgal Ravi sets the tone for each episode, weaving the emotions aptly and capturing audience attention. Following their narration, the customer shares their personal experience highlighting how the support which helped them overcome the obstacles and build a home that is truly reflective of their aspirations.

PNB Housing Finance has been strategically widening its footprint across Bharat with a strong network of 356 branches, and driving focus on strengthening its loan assets to achieve a ₹1 lakh crore retail loan portfolio by FY27.

The post PNB Housing Finance Unveils ‘Ghar Ki Baat: Home Stories’ appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

Bengaluru, 5^th August, 2025: PNB Housing Finance, one of India’s leading housing finance companies, announced the appointment of Ms. Valli Sekar as the Chief Business Officer – Affordable Housing. She was elevated from her previous role as the Chief Sales and Collections Officer – Affordable Business. In her new role, she will be overall in-charge of the Company’s affordable housing business – Roshni, including the sales, credit, product and collections for the segment.

Ms. Sekar carries a rich experience of 25 years in the financial services sector and has been associated with the organization for over three years now. She was instrumental in establishing the affordable business in PNB Housing Finance, which has emerged as a key growth driver for the company. The vertical has shown impressive growth in disbursements – crossing ₹5,000 crores of loan assets in just 9 quarters, along with a strong national footprint of 200 Roshni-dedicated branches, especially across underserved markets. Under her strategic leadership, the segment has strengthened the company’s mission of enabling home ownership for aspiring families and individuals, while contributing meaningfully to financial inclusion goals.

Ms. Sekar holds a Post Graduate Program in Management for Executives, specializing in Marketing, from Great Lakes Institute of Management. Her professional journey includes senior roles in reputed housing finance institutions such as Shriram Housing Finance, Mahindra Housing Finance, Aadhar Housing Finance, among others.

The post PNB Housing Finance Announces Ms. Valli Sekar as the Chief Business Officer – Affordable Business appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

Bengaluru, 5^th August, 2025: PNB Housing Finance, one of India’s leading housing finance companies, announced the appointment of Mr. Jatul Anand as an Executive Director of the Company. He has been elevated from his previous role, serving as the Chief Credit and Collections Officer, playing a pivotal role in strengthening the organization’s business growth strategy. In his current role, he will be responsible for managing the Prime and Emerging Markets business, including the sales, credit, product and collections for the segments.

Mr. Anand brings with him over 23 years of rich experience in the banking and financial services sector, of which he has been with PNB Housing Finance for over 12 years now. He has spearheaded multiple strategic initiatives across portfolio growth and policy formulation, credit underwriting, and collections, and played a crucial role in improving the asset quality of the organization. Jatul is an adept professional with core expertise in mortgage finance and banking sector, and has successfully handled overall business and portfolio growth. He is proficient in leading large teams, sustaining business growth, controlling delinquencies, and steering organization towards long-term growth and success.

Jatul is a Chartered Accountant, CAIIB and has completed a course from Indian Institute of Banking and Finance. Previously, he was associated with ICICI Bank Limited and Standard Chartered Bank.

The post PNB Housing Finance Announces Mr. Jatul Anand as Executive Director appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

Bengaluru, 2^nd June, 2025: PNB Housing Finance, a leading housing finance company in India, through its CSR arm Pehel Foundation, awarded scholarships to 186 students of Miranda House, to support their dreams of pursuing higher education. As part of its commitment to fostering equitable education, the Company recognized the academic merit and resilience of these students from economically weaker sections, to enable them to complete their undergraduate studies across diverse streams, including science and humanities. The initiative underscores PNB Housing Finance’s mission to empower young women and provide equal learning opportunities to underserved communities.

The scholarships, granted after a rigorous assessment of merit and socioeconomic backgrounds, cover annual tuition fees for up to three years, enabling the awardees to complete their undergraduate degrees without bearing a financial burden. An orientation session was organized to provide students with valuable insights on the scholarship structure and transformative impact of the program.

Mr. Girish Kousgi, CEO & MD, PNB Housing Finance, said, “At PNB Housing Finance, we believe that quality education is the stepping stone towards access to better opportunities, leading to stronger nation-building. This scholarship initiative is an extension of that belief, and we are honored to support the resilience and drive of these 186 young women as they shape their future. For us, this is not just about financing education – it’s about affirming the notion that everyone, regardless of her background, deserves the foundation to grow, lead, and flourish. Through our partnership with Respect India and Miranda House, we aim to create a brighter, more inclusive future for these future leaders.”

Dr. Manish Kumar Chaudhary, General Secretary, Respect India, added, “These scholarships do more than lift financial burdens; they ignite courage and ambition in these young women, allowing them to fully focus on their education, while empowering them to chase their dreams and make a lasting impact on society. We’re grateful to PNB Housing Finance for believing in them and making this possible.”

Professor (Dr.) Bijayalaxmi Nanda, Principal, Miranda House, added, “By supporting the education of students in Miranda House, PNB Housing Finance is empowering young girls who are future leaders, to realise their dreams. The scholarship is providing them motivation and inspiration to achieve their goals and contribute to the country as citizens. We are grateful to them for the same.”

The post PNB Housing Finance Celebrates Academic Excellence of Future Women Leaders with Scholarships for Students of Miranda House  appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

Bengaluru, 20^th May 2025: PNB Housing Finance, one of India’s leading housing finance companies, through its CSR arm Pehel Foundation, announced the launch of the second phase of its Mobile Medical Unit (MMU) Program in partnership with Wockhardt Foundation. The program is aimed at improving primary healthcare access for construction workers and underprivileged communities across key regions of Delhi, Mumbai, Chennai and Ahmedabad, providing doorstep medical services to them.

The program is designed to address the lack of accessible and affordable healthcare services near construction sites and slum areas. Construction workers and their families often forego basic medical treatment due to high commute costs, long queues at hospitals, or fear of wage loss from time away. PNB Housing Finance and Wockhardt Foundation have joined hands to bridge this gap and offer a sustainable solution by bringing primary and preventive care directly to them.

Speaking on the launch, Mr. Girish Kousgi, MD & CEO of PNB Housing Finance said, “Healthcare is a basic right, yet access remains a privilege for many. At PNB Housing Finance, we believe that development must be inclusive, and that means addressing real needs where they exist – on the ground, at construction sites, in underserved neighborhoods. Our Mobile Medical Unit Program in association with Wockhardt Foundation aims to reduce the financial and physical barriers that prevent thousands of underserved families from seeking primary medical care. This is not just about treatment – it’s about creating awareness and promoting long-term well-being amongst the masses.”

Mr. Denis Varghese, Director- Wockhardt Foundation, added, “This collaboration with PNB Housing Finance gives us an opportunity to bring healthcare to those who need it the most – right inside the communities. With over 93,000 lives touched in Phase 1, this next chapter will further expand our reach to over one lakh individuals—a meaningful step toward bridging the healthcare gap. By bringing healthcare to the underserved, we will continue to empower communities to take charge of their health.”

Each mobile unit is staffed with 3 members – an MBBS doctor, pharmacist and licensed driver. The medical vans will offer essential services including general check-ups, treatment for common ailments, diabetes and hypertension management, and referrals for advanced treatment. In addition, the MMUs will continue to conduct health education and hygiene awareness sessions, and promote access to government healthcare schemes, further empowering these communities with knowledge and preventive practices.

The post PNB Housing Finance Expands Healthcare Access for Underprivileged Communities in association with Wockhardt Foundation appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

Bengaluru,12^th May, 2025: PNB Housing Finance Limited, India’s third-largest housing finance company, today announced the launch of its new Fixed Rate Non-Home Loan (NHL) product, a high-yielding financial solution designed to cater to diverse customer needs. Applicable on non-housing loan products such as loan against property, commercial plot purchase, loan against plot, and lease rental discounting, this new solution aims at enabling customers avail easy access to credit at fixed interest rates starting 10.00%, depending on their eligibility criteria.

A fixed rate of interest on mortgage solutions will help customers plan their financial journey with certainty, avoiding market fluctuations and extended loan tenure. PNB Housing’s fixed rate NHL product offers loans with a repayment period of up to 15 years, ensuring manageable EMIs and long-term financial planning for borrowers. Additionally, customers can enjoy additional benefits like quick turnaround time, customized eligibility criteria, and doorstep convenience, making the loan application and disbursal process seamless and hassle-free.

Commenting on the launch, Mr. Girish Kousgi, MD & CEO, PNB Housing Finance, said, “India’s lending landscape is undergoing a significant transformation, with increased attention towards sustainable growth strategies and responsible lending practices from the regulators. In response to this evolving need for more stable and transparent credit options, we are excited to introduce our Fixed Rate Non-Home Loan Solutions, offering secure lending with greater financial stability for borrowers. At PNB Housing Finance, we aim to address key market gaps and remain committed towards empowering our customers with innovative, responsible financial solutions that drive growth and security.”

Non-housing loan forms 28.5% of the Company’s retail product mix, with an average ticket size of ₹27 lacs as on 31^st March 2025. This launch is part of PNB Housing’s broader objective to strengthen this portfolio by offering customer-centric solutions across its wide network of 356 branches in India. The company has a legacy of nearly four decades and is committed to driving financial inclusion with accessible, innovative solutions.

The post PNB Housing Finance Expands its Portfolio with new Fixed Rate Non-Home Loan Product appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

As part of its health programme, Mahesh Foundation operates the MyBlood Charitable Blood Bank in Hubbali. With support from PNB Housing Finance, the Foundation has strengthened its reach with a customised vehicle that ensures the safe and efficient transportation of blood from donation sites to the blood bank. Timely access to safe blood is a lifeline for patients, especially those suffering from conditions such as Thalassemia, HIV and emergency cases, where any delay can prove fatal.

Equipped with medical-grade refrigeration, reclining donor chairs, temperature monitoring, GPS tracking and backup power support, the vehicle is designed to uphold the highest standards of blood safety and sample integrity. The mobile unit also enables on-site blood donation drives, especially in remote and underprivileged areas, and help bridge the urban-rural healthcare gap.

Girish Kousgi, Managing Director and CEO, PNB Housing Finance, said, “Blood donation is not just a medical necessity —it is a noble act of humanity that saves lives and offers hope to the ailing, especially those who need it the most. This initiative reflects the power of collective responsibility in building healthier communities. By supporting Mahesh Foundation’s efforts, we aim to bridge critical healthcare gaps in underserved areas and provide timely access to blood for treatment of critical diseases. Such collaborations make a real difference to society, and we at PNB Housing Finance remain committed to advancing the well-being of individuals and the nation.”

The initiative is expected to significantly boost the number of blood donation drives in the Hubbali region and enhance access to quality healthcare for scores of underprivileged beneficiaries. With this intervention, PNB Housing Finance continues its mission to contribute to a healthier, inclusive, and compassionate society.

The post Lifeline on wheels: PNB Housing Finance and Mahesh Foundation launch mobile blood unit in Hubbali appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

Bengaluru, 28 April 2025: The Board of Directors of PNB Housing Finance Limited today approved the Consolidated Audited Financial Results for the quarter and financial year ended 31st March 2025. The financial numbers are based on IndAS.

Key Highlights for FY25

• Disbursement grew by 25% YoY to INR 21,972 crore during FY25. In Q4 FY25, disbursements grew by 23% YoY and 27% QoQ to INR 6,854 crore.
• Affordable and Emerging Market segment contributed 40% to the retail disbursement in Q4 FY25.
• Gross NPA declined by 42 bps to 1.08% as on 31st Mar 2025 as compared to 1.50% as on 31st Mar 2024.
• Recovery from written-off pool continues with total recovery of INR 336 crore in FY25
• Profit after Tax for FY25 is at INR 1,936 crore vs INR 1,508 crore registering an increase of 28% YoY
• Capital Risk Adequacy Ratio stood at 29.38% as on 31st Mar 2025; Tier I stood at 28.39%.
• The Board of Directors recommended a dividend of INR 5 per equity share having face value of INR 10/- for FY25, subject to the shareholder’s approval at the ensuing Annual General Meeting.

Financial performance (Q4 FY24-25 vs Q4 FY23-24 and Q3 FY24-25)

• Net profit increased by 25.0% YoY and 14.0% QoQ to INR 550 crore
• Net Interest Income grew by 16.2% YoY and 5.5% QoQ to INR 734 crore.
• Operating expenditure grew by 18.2% YoY and 2.6% QoQ to INR 208 crore
• Pre-provision operating profit grew by 14.1% YoY and 11.5% QoQ to INR 646 crore
• Yield at 10.03% in Q4 FY25 as compared to 10.12% in Q3 FY25 and 10.08% in Q4 FY24
• Cost of Borrowing is at 7.84% in Q4 FY25 as compared to 7.83% in Q3 FY25 and 7.98% in Q4 FY24
• Spread on loans is at 2.19% in Q4 FY25 as compared to 2.29% in Q3 FY25 and 2.10% in Q4 FY24
• Net Interest Margin stood at 3.75% in Q4 FY25 as compared to 3.70% in Q3 FY25 and 3.65% in Q4 FY24. Gross Margin, net of acquisition cost, stood at 4.27% in Q4 FY25
• With recovery from write-off pool, Credit Cost was -32 bps in Q4 FY25 as compared to -19 bps in Q3 FY25 and 4 bps in Q4 FY24

Financial performance (FY24-25 vs FY23-24)

• Profit after Tax is at INR 1,936 crore vs INR 1,508 crore in FY24 registering an increase of 28.4% YoY.
• Net Interest Income grew by 9.3% YoY to INR 2,750 crore. The Net Interest Income for Retail segment grew by 15.0% YoY.
• Operating expenditure increased by 21.3% YoY to INR 799 crore
• Pre provision operating profit grew by 9.5% YoY to INR 2,328 crore
• Yield at 10.05% in FY25 as compared to 10.35% in FY24
• Cost of Borrowing is at 7.86% in FY25 as compared to 8.01% in FY24
• Spread on loans is at 2.19% in FY25 as compared to 2.34% in FY24
• Net Interest Margin stood at 3.70% in FY25 as compared to 3.74% in FY24. Gross Margin, net of acquisition cost, stood at 4.11% in FY25
• With recovery from retail written off pool, Credit Cost was -21 bps in FY25 as compared to 25 bps in FY24
• ROA improved by 35 bps YoY at 2.55% in FY25 (annualized)
• ROE is at 12.19% (annualized) for FY25

Business Operations

• The disbursements during FY25 grew by 25% YoY to INR 21,972 crore. For Q4 FY25, disbursement stood at INR 6,854 crore registering an increase of 23% YoY and by 27% QoQ.

o    Retail disbursement grew by 26% YoY to INR 21,938 during FY25. In Q4 FY25, retail disbursements grew by 24% YoY and by 27% QoQ to INR 6,854 crore.

• Loan Asset grew by 16% YoY and 5% QoQ to INR 75,765 crore as on 31st Mar 2025

o    Retail loans grew by 18% YoY and 6% QoQ to INR 74,802 crore as on 31st Mar 2025. Within Retail, Affordable Loan Asset grew by 183% YoY to INR 5,070 crore, Emerging Markets Loan Asset grew by 21% YoY to INR 14,125 crore and Prime segment grew by 12% YoY to INR 55,607 crore as on 31st Mar 2025.

o    Corporate loans are at INR 963 crore as on 31st Mar 2025, reduced by 53% YoY

• Asset under Management (AUM) grew by 13% YoY and 5% QoQ to INR 80,397 crore as on 31st Mar 2025

Distribution and Service Network

• The Company has 356 branches / outreach locations as on 31st Mar 2025:

o    Affordable business presence in 200 branches

o    Dedicated 60 branches for Emerging Markets Segment

o    96 branches for Prime segment

Asset Quality

• Gross Non-Performing Assets stood at 1.08% as on 31st Mar 2025 as compared to 1.19% as on 31st Dec 2024 and 1.50% as on 31st Mar 2024

o    Retail GNPA is 1.09% as on 31st Mar 2025 as compared to 1.21% as on 31st Dec 2024 and 1.45% as on 31st Mar 2024

o    Corporate GNPA stands Nil as on 31st Mar 2025 and 31st Dec 2024 as compared to 3.31% as on 31st Mar 2024

• Net NPA stood at 0.69% as on 31st Mar 2025. NNPA in Retail segment is at 0.70%

Capital to Risk Asset Ratio (CRAR)

• The Company’s CRAR stood at 29.38% as on 31st Mar 2025, of which Tier I capital is 28.39% and Tier II is 0.99% as compared to 29.26% as on 31st Mar 2024, of which Tier I capital is 27.90% and Tier II is 1.36%.

Commenting on the performance Mr. Girish Kousgi, Managing Director & CEO said: During the Financial Year 2024-25, the Company delivered strong performance across multiple parameters and surpassed its stated guidance for the year on growth, asset quality and profitability. The Retail Loan Asset grew by 18.2% YoY to INR 74,802 crore as on 31st March 2025, which was supported by growth in the Affordable and Emerging Markets segment. The Affordable segment Loan Asset crossed a significant milestone of INR 5,000 crore during the year. With focus on collections across buckets, the Gross NPA improved to 1.08% as on 31st Mar 2025 as compared to 1.50% as on 31st March 2024. On the back of strong business and financial performance, the RoA increased by 35 bps 2.55% for FY2024-25.

This remarkable progress is a testimony of our unwavering commitment to empowering individuals and families in their journey towards owning a home. As we progress, we will continue to focus on profitable growth while sustaining the Asset Quality.

The post PNB Housing Finance’s Q4FY25 results reporting an increase Net profit by 25.0% YoY and 14.0% QoQ to INR 550 crore appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.

With a commitment to fostering home ownership in the underserved North East region, PNB Housing Finance and Aadhar Housing Finance will offer tailored, innovative affordable housing finance solutions as part of a strategic push to bridge the home finance gap in the region. The expansion will not only facilitate access to housing finance, but also boost real estate demand and support regional development.

Mr. Sanjay Shukla, MD, National Housing Board, said, “The distinct geographic challenges and developing infrastructure in the North East region presents both opportunities and responsibilities. Real estate and housing finance are complementary sectors which are not only pivotal for the sustainable development of this region, but also catalysts for unlocking its true potential. By widening their presence in this region, both PNB Housing and Aadhar Housing will significantly contribute in driving last-mile financial inclusion, thus empowering the local economy manifold.”

Mr. Girish Kousgi, MD & CEO, PNB Housing Finance, said, “The North East region – armed with a wealth of culture and resources – presents immense opportunities for growth and development. We are thrilled to expand our presence in this region, beginning with Guwahati, and further widening our distribution footprint across the North East. Our comprehensive affordable housing product ‘Roshni’ aims to make a meaningful difference in the lives of people here, ensuring that families can thrive in safe and sustainable environments. We are aligned with the government’s PMAY agenda, and are committed to help aspiring home owners achieve their dreams.”

Mr. Rishi Anand, MD & CEO, Aadhar Housing Finance, said, “Our foray into the Northeast with our first branch in Guwahati marks a significant milestone in our journey. We endeavour to provide home ownership to the Economically weaker segment and Lower middle-income group, empowering them to build a secure future. Guwahati, with its growing economy and vibrant community, is a key market for us, and we are excited to be part of its growth story. In alignment with the Government’s vision of Housing for All, we are committed to making low-income housing accessible to more families in the region. This new branch will bring us closer to our customers in the underserved Northeastern states.”

According to the National Housing Bank, North East states accounted for only 0.93% of the total individual housing loans as of September 2024^[1]. PNB Housing Finance and Aadhar Housing Finance are determined to boost the availability of affordable home loans for both salaried and self-employed individuals – a testament to their sustained commitment towards creating a strong foundation for economic development in these regions.

The post PNB Housing Finance and Aadhar Housing Finance Expand Presence in North East India, Advancing Financial Inclusion appeared first on newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra.