PNB Housing Finance has provided guidance for 18-20% growth in gross loan portfolio for the current fiscal year, representing an increase from the 15% growth achieved in FY26. According to reports from The Economic Times, the deposit-taking housing finance company expects no spillover effect on housing demand from the West Asia crisis. The lender, which is the third largest housing finance company in terms of loan assets after LIC Housing Finance and Bajaj Housing Finance, is targeting to reach the milestone of ₹1 lakh crore loan book by FY27.
As reported by The Economic Times, managing director Ajai Kumar Shukla indicated that the company expects much higher growth from affordable and emerging market segments, with a moderate 10% growth anticipated in the prime segment. The lender plans to increase the share of affordable and emerging markets to 50% of its total loan book in the next two years from the current 40% share. These two segments typically yield better returns than the high-volume prime housing finance segment, supporting the company's growth strategy.
According to The Economic Times, PNB Housing Finance expects net interest margin to be around 3.55-3.65% in FY27, while it recorded 3.69% margin in the fourth quarter. The company aims to recover around ₹200 crore from the written off loan pool, which would drive the credit cost to remain benign. The company recovered ₹120 crore and ₹212 crore from retail and corporate written-off pool respectively in FY26, with its bad loan ratio standing at 0.93% at the end of March.
As reported by The Economic Times, the lender operates 229 branches and opened 35 branches in FY26 and 50 branches in FY25. Managing director Ajai Kumar Shukla stated that the immediate focus will be to utilize these new centres, with further geographic expansion plans to be reviewed after the second quarter. The new branches opened over the past two years are expected to serve as major growth centres for the company's expansion strategy.
