About PNB Housing Finance Limited

PNB Housing Finance Limited was founded as a deposit-taking housing finance company on November 11, 1988. The Company was founded by Punjab National Bank and registered with the National Housing Bank to provide home loans for purchase construction renovation and improvement loans along with loans against property residential plot loans and commercial real estate loans. The Company’s equity shares are listed on the BSE and NSE. Throughout its existence the company has built a nationwide network with 356 offices including major operations in second, third and fourth-tier towns to provide services to clients across 20 states using a decentralized credit and collection model along with a strong network of channel partners. Through digital systems and analytics, the company provides quick and secure services under a zero-trust security system with continuous monitoring.

With over 37 years of experience, PNB Housing Finance is India’s third largest housing finance company by loan assets. Its portfolio spans across retail housing and non-housing loans, delivered through three focused verticals: Prime, Emerging Markets and Affordable Segment (Roshni). The Roshni division achieved Rs 5,000 crore in loan assets during its first 27 months while the Emerging Markets vertical entered FY25 with successful high-yield low-ticket loans in semi-urban India. After its IPO in November 2016, PNB Housing Finance evolved into one of India’s leading housing finance institutions with loan assets exceeding Rs 75,000 crore through retail expansion and asset quality enhancement.

The company achieved several key results through its retail mix expansion and digital development and its nationwide push for financial inclusion. The network has expanded to the Northeast through the opening of its first Affordable branch in Guwahati, Assam.

PNB Housing Finance Limited Key Management

• Girish Kousgi – Managing Director & Chief Executive Officer
• Vinay Gupta – Chief Financial Officer
• Veena G Kamath – Company Secretary
•  Neeraj Manchanda – Chief Risk Officer
•  Anubhav Rajput – Chief Information Officer
•  Satish Singh – Chief People Officer
•  Jatul Anand – Chief Credit & Collections Officer
•  Dilip Vaitheeswaran – Chief Sales Officer – Retail
•  Valli Sekar – Chief Sales & Collection Officer – Affordable
•  Ajay Kumar Mohanty – Head – Internal Audit and Chief of Internal Vigilance
•  Anshul Dalela – Head – Customer Service & Operations
•  Bhavya Taneja – Chief Marketing Officer
•  Krishna Kant – Chief Compliance Officer
•  Vikas Rana – Head of Construction Finance Business

Latest Updates on PNB Housing Finance Limited

• Strategic expansion: The Company established 56 additional branches to expand its network to 356 branches across a balanced regional distribution with increased presence in Tier 2, 3 and 4 locations while establishing its first Affordable branch in Guwahati, Assam.
• New vertical and portfolio mix: An Emerging Markets vertical was introduced in FY25, complementing Prime and Roshni; the Roshni book reached Rs 5,000 crore in 27 months.
• Funding and ratings: The Company raised USD 350 Million via External Commercial Borrowings and availed Rs 5,000 crore from the National Housing Bank; credit ratings were upgraded to AA+ with a Stable outlook by leading agencies.
• Digital and operating upgrades: Salesforce CRM was fully implemented in the affordable segment; cloud-based loan origination systems were rolled out for Emerging Markets and Affordable, and centralised operations digitised millions of customer records to improve service speed and efficiency.
• Asset quality: Gross NPA reduced to 1.08% as on March 31, 2025, supported by underwriting strength and recoveries, with retail now contributing 98.73% of the loan asset.