PNB Housing Finance Targets 17% Growth in FY25

08 May 2024 CW Team

PNB Housing Finance has set ambitious targets for the fiscal year 2025, aiming to achieve a robust business growth of 17%. This projected growth rate would mark the company's highest since 2019, reflecting its optimism and confidence in the recovery and expansion of the real estate and housing finance sectors.

The ambitious growth target underscores PNB Housing Finance's strategic initiatives and business outlook as it seeks to capitalise on emerging opportunities in the property and construction services industry. The company's focus on accelerating growth comes amidst a revival in demand for housing and increased lending activity in the market.

PNB Housing Finance aims to leverage its strong market presence, customer-centric approach, and innovative product offerings to drive business expansion and gain market share in FY25. The company's growth strategy is expected to be supported by favourable macroeconomic conditions, government initiatives, and the overall recovery of the real estate sector.

The projected 17% growth target signals PNB Housing Finance's commitment to regaining momentum and reinforcing its position as a leading player in the housing finance segment. By aligning its business objectives with market trends and customer preferences, the company aims to deliver sustainable value and achieve long-term success.

As PNB Housing Finance embarks on its growth journey for FY25, stakeholders will closely monitor its performance and execution of strategic initiatives. The company's ability to achieve its ambitious growth targets will depend on various factors, including market dynamics, regulatory environment, and internal operational efficiency.

Infrastructure Energy

28 Aug 2025

REC Hosts 56th AGM, Highlights Record Growth and Sustainability

REC Limited conducted its 56th Annual General Meeting (AGM) today through video conferencing, chaired by Jitendra Srivastava, Chairman & Managing Director. The meeting highlighted the company’s record operational and financial performance during the year, along with its strong focus on sustainability and ESG-led initiatives.Jitendra Srivastava, Chairman & Managing Director, in his address noted that REC achieved significant milestones during the year, strengthening its position as a performance-driven public financial institution. Loan sanctions stood at Rs 3.37 trillion, with disbur..

ADGBR Reviews Road Projects under Project Vartak

Additional Director General Border Roads (ADGBR) Jitendra Prasad conducted a four-day review of ongoing road and bridge construction works under Project Vartak in the area of responsibility (AoR) of the 42 Border Roads Task Force (BRTF) from 19 to 22 August.Prasad inspected key infrastructure projects including the Balipara–Charduar–Tawang (BCT) road, Sela–Chabrela–Banga Janga Gonpa road, Banga Janga Gonpa–Lagamche GG road, the Sela tunnel, and multiple roads in the Nelya sector.At various construction sites, project officials briefed him on project scope, progress, timelines, and op..

Nitin Gadkari Launches Three Highway Projects in Madhya Pradesh

Union Minister for Road Transport and Highways, Nitin Gadkari, laid the foundation stone for three National Highway (NH) projects in Madhya Pradesh on 24 August. According to the Ministry of Road Transport and Highways (MoRTH), the projects are designed to reduce travel time, ease congestion, enhance road safety, and improve connectivity across key corridors.The first project covers the four-laning of the 17.87 km Amazhar–Barela stretch, completing the Jabalpur Ring Road. The upgrade will divert heavy vehicles away from the city, reduce accident risks, and ensure smoother connectivity from A..