PNB Housing Finance aims to raise its loan portfolio by 17% in FY25, the biggest expansion since 2019. A strong capital position has allowed the firm to concentrate on retail lending, which currently accounts for 97% of its operations, including affordable housing.

Despite rising interest rates over the last 18 months, asset quality has improved in the Indian home financing market. Rising incomes have offset greater monthly payments, ensuring stability.

Finalising Rights Issue, PNB Housing Finance Board Plans to Raise Around INR 2,500 crore

Home loan rates have gone down to their lowest level in 6 years with State Bank of India, the India's largest lender, reducing the efficient rate to 8.6% from 9.10%.