PNB Housing Finance expects to disburse Rs 13,000-cr loan this fiscal: CEO

PNB Housing Finance expects to disburse around Rs 13,000 crore in loans this fiscal, and sees demand picking up around October-November with the onset of the festive season, its MD and CEO Neeraj Vyas said.

Demand from the mass housing segment has started picking up post relaxations in coronavirus-induced lockdowns and gradual reopening of economy, he said.

"Demand in a particular segment (mass housing) is picking up, which generally in the market is called green shoots (of revival). We were expecting that we would be touching sometime in September disbursements of Rs 500 crore, but we have already crossed that