PNB Housing Finance Expands Affordable Housing

PNB Housing Finance, India's third-largest housing finance company, is on a mission to boost its affordable housing outreach. The company is planning to increase its affordable housing branches to 160 by the end of the fiscal year. Additionally, they aim for a 33% rise in disbursements within this segment, targeting Rs 10 billion for the current quarter, up from the Rs 7.50 billion disbursed in the previous July to September quarter. In a significant move, PNB Housing Finance recently inaugurated its first all-women branch in Tambaram, Tamil Nadu. This milestone marks the company's 100th branch dedicated to affordable housing. The establishment of this all-women branch underscores the company's commitment to gender diversity and empowering women. It creates an environment where women can excel professionally and personally while contributing to the nation's economic growth. This initiative aligns with PNB Housing Finance's overarching goal of expanding its business and ensuring broader accessibility to its products and services for a more diverse customer base.