After its loan books shrank for more than four years, PNB Housing Finance is looking to almost double its advances to Rs 1 trillion in the medium term.
Its loan portfolio shrank from Rs 74,023 crore at the end of March 2019 to Rs 57,832 crore in September 2022, a level that is a little above what it was at the end of March 2018.
Talking to Business Standard, Girish Kousgi, new managing director and chief executive, made a strong pitch for growth.
Disbursement is expected to grow at 40 per cent year-on-year (YoY) in FY23 over FY22.
The loan books could grow by