PNB Housing well capitalised to support loan growth in FY24: Girish Kousgi

'The HFC recently entered the affordable segment, and disbursed around Rs 137 crore till the end of Q4 of 2022-23'

Nikesh Singh
Girish Kousgi

Girish Kousgi, MD & CEO, PNB Housing

Listen to This Article

Housing finance company (HFC) PNB Housing is planning to focus on reducing delinquencies in 2023-24. Its managing director & chief executive officer Girish Kousgi tells Nikesh Singh in a conversation in New Delhi that he sees a huge opportunity for the company in the prime housing segment in coming years. Edited excerpts:
PNB Housing recently raised Rs 2,494 crore from its rights issue. Will the company raise more capital?
After the recent raising of capital, the company is well capitalised to support its loan growth in 2023-24. There is no challenge of that aspect affecting our growth. The raised capital will be used for growth as the company sees a huge opportunity in the prime housing segment in years to come.

Also Read

LIC Housing Finance, HDFC: Trading strategies for housing finance companies

PNB Q4 results: Net profit jumps over five-fold to Rs 1,159 crore

Tata Capital to LIC Housing finance: Companies to raise funds from markets

LIC Housing Finance raises lending rates by 35 bps, cites market conditions

PNB Housing Finance Q3 results: Net profit rises 43% at Rs 269 crore

EV subsidies flawed and unfeasible, says Bajaj Auto MD Rajiv Bajaj

AI cannot replace human knowledge: Metropolis Healthcare Promoter & MD

Valuation discomfort not as acute as it was 6 months ago: Prashant Khemka

Doors not shut for funding airlines; strong players creditworthy: BoB CEO

Semiconductor chip prices are up 50%: Bajaj Auto EV head Eric Vas

First Published: May 19 2023 | 8:36 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers. Already a BS Premium subscriber?LOGIN NOW

Register to