PNB Housing Fin focuses on affordable housing segment; to operationalise 25 new branches by Mar

PNB Housing Fin focuses on affordable housing segment; to operationalise 25 new branches by Mar

PNB Housing Fin focuses on affordable housing segment; to operationalise 25 new branches by MarJan 30, 2022, 12:52 PM IST

PNB Housing Finance is focussing on its high-yielding affordable housing business 'Unnati' in tier-II and -III cities, and targets to operationalise 25 new branches by March this year. Besides, the housing financier targets to increase the Unnati business from nine per cent currently to about 12-14 per cent going forward. PNB Housing opened 13 Unnati locations during the quarter ended December 2021.

Domestic financial woes weigh on key collection metric as consumers unable to meet payment obligationsJan 30, 2022, 12:35 PM IST

Institutional lenders, microfinance companies, public utilities and even chit funds are staring at deficit collections with each passing month.

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