PNB Housing Finance Expands Affordable Housing Reach

07 Nov 2023 CW Team

PNB Housing Finance, the third-largest housing finance company in India, is gearing up to expand its affordable housing branch network to 160 by the end of this fiscal year. Additionally, they aim to boost disbursements in the affordable housing segment by 33%, reaching Rs 10 billion during the current quarter, up from Rs 7.50 billion in the July to September quarter of the current fiscal year.

In a significant milestone, PNB Housing Finance recently inaugurated its first all-women branch in Tambaram, Tamil Nadu. This landmark event also marked the establishment of the company's 100th branch dedicated to providing affordable housing solutions. This move underscores the company's commitment to gender diversity and women's empowerment.

By introducing an all-women branch, PNB Housing Finance aspires to create an environment that nurtures women's professional and personal growth while contributing to the nation's economic development. This branch is aligned with the company's broader objective of expanding its business and making its products and services more accessible to a wider customer base.

Girish Kousgi, Managing Director and Chief Executive Officer of PNB Housing Finance emphasised the company's dedication to gender diversity and inclusivity in the workplace. He highlighted the significance of the all-women branch in empowering women and reinforcing the company's commitment to offering affordable housing finance solutions.

PNB Housing Finance also plans to expand its presence in the affordable housing sector by adding 60 more branches under the Roshni home loans scheme. The company views South India, particularly Tamil Nadu, as a promising market and anticipates it will contribute significantly to the affordable housing segment's growth in the long term.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..