PNB Housing Finance MD Gives Insights On Surge In Demand, PMAY Impact & Future Outlook
PNB Housing's retail growth remains strong at 14.4%, with plans to increase this to 17% this year. MD Girish Kousgi shares that the corporate segment is being restarted but will remain a minor part of the business, while PMI schemes are expected to significantly boost growth and margins. Asset quality remains solid with muted credit costs, and margin pressures are anticipated to ease with improved funding conditions.
#pnbhousing #q1results2024 #stockmarketnews
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