PNB Housing Finance MD Ajai Kumar Shukla says asset quality remains stable and margins steady near 3.6-3.7% despite rate cuts, with growth led by housing loans
PNB Housing Finance's total income for the quarter rose 9.1 per cent to ₹2,121 crore. Net profit increased 7.7 per cent year-on-year to ₹520 crore
The appointment comes as large home financiers face intensifying competition from banks in lending for premium homes, while affordable housing has emerged as a more attractive market
Even as PNB Housing Finance readies to appoint a new MD & CEO, the lender reports steady growth in Q2 FY26 with improving asset quality and rising disbursements
On the bourses around 9:30 AM, PNB Housing share was trading flat at ₹927.45 apiece. By comparison, BSE Sensex was trading marginally higher at 84,792.25 levels.