Business & Finance
Business and Finance
Business and Finance
Tue, December 3, 2024 
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PNB Housing Finance to start Loan Against Property from April 2025, says MD & CEO Girish Kousgi
- Further, corporate loan side, Kousgi said that it will grow to Rs 7,000 crore to Rs 8,000 crore by financial year 2026-27.
PNB Housing Finance plans to launch a loan against property (LAP) product starting in April 2025, as announced by its Managing Director and CEO, Girish Kousgi. This new offering aims to diversify the company's portfolio, which currently focuses on affordable housing and prime home loans. Kousgi highlighted that the LAP product will cater to both salaried and self-employed individuals, with a particular emphasis on the self-employed segment, which has shown significant demand for such loans. The initiative is part of a broader strategy to expand the company's market presence and product range, leveraging its existing infrastructure and customer base. Additionally, PNB Housing Finance is also focusing on digital transformation to enhance customer experience and operational efficiency.
Read the Full moneycontrol.com Article at:
[ https://www.moneycontrol.com/news/business/pnb-housing-finance-to-start-loan-against-property-from-april-2025-says-md-ceo-girish-kousgi-12882239.html ]
Read the Full moneycontrol.com Article at:
[ https://www.moneycontrol.com/news/business/pnb-housing-finance-to-start-loan-against-property-from-april-2025-says-md-ceo-girish-kousgi-12882239.html ]
