Churn at the top: Another housing finance chief quits, third in 3 weeksThe housing finance industry is experiencing significant leadership changes as three managing directors have resigned in recent weeks. Mani...
PNB Housing to scout for new CEO internally and externally as Girish Kousgi steps downPNB Housing Finance is considering internal and external candidates to succeed Girish Kousgi as MD and CEO. Jatul Anand has been appointed ...
CEO’s exit sparks a sell-off in PNB Housing Finance, stock falls 17%PNB Housing Finance shares plummeted over 17% following CEO Girish Kousgi's unexpected resignation, marking its worst fall since 2018. Kous...
PNB Housing Finance shares crash 17% after resignation of MD & CEO, Girish KousgiPNB Housing Finance's share price plummeted after Girish Kousgi, the MD & CEO, resigned to pursue other opportunities, effective October 28...
PNB Housing Finance keen on profitability, eyes retail book of ₹1 lakh crorePNB Housing Finance plans to grow its retail loan book to ₹1 lakh crore by March 2027. It will expand the affordable housing segment by 60-...
PNB Housing plans to raise $125 million in ECBsOn a sequential basis, for the overall portfolio, the cost of borrowing declined by 8 basis points in the September quarter, supported by a...
PNB Housing sees growth emerging & affordable spaces: MD Girish KousgiPNB Housing Finance, backed by Carlyle, aims to grow its affordable loan book to ₹15,000 crore by FY27. Currently, the affordable housing s...
PNB Housing to start growing corporate business book sometime in H2: MDPNB Housing CEO Girish Kousgi outlines plans for corporate business growth, cost of borrowing reduction, retail book growth, and affordable...
This is the time for us to grow the book faster and improve margins: Girish Kousgi, PNB Housing FinanceGirish Kousgi, MD & CEO of PNB Housing Finance, discusses the company's transformational journey of raising capital, improving asset qualit...
PNB Housing Finance to increase the share of loans for affordable housing segmentPNB Housing Finance aims to increase its share of the affordable housing segment in overall loan disbursal from 10% to 40% within 3-4 years...
PNB Housing eyes 22 pc growth in fresh loan disbursements this fiscalPNB Housing Finance expects a 22 per cent growth in fresh loan sales this fiscal, according to a top executive. The company, promoted by Pu...
PNB Housing Finance plans a comeback in corporate lending businessThe mortgage lender, which was hurt by the meltdown in real estate, is planning to resume business in construction finance for residential ...
PNB Housing Finance expects 40 pc jump in disbursals this fiscal: MD & CEO Kousgi"If you look at the real estate space, the pace started one and half years back and now we are just through the journey. So with the real e...
Will first bring down delinquency in corporate loans before restarting finance: PNB Housing MD & CEO KousgiThe retail segment loan book stood at Rs 52,124 crore, constituting 90 per cent of its overall loan book.The company's gross non-performing...
Hardayal Prasad quits as PNB Housing Finance MD, Girish Kousgi to replace himPNB Housing has announced the appointment of Girish Kousgi to replace Prasad. A veteran of 25 years of mortgage and retail lending experien...
Can Fin Homes’ MD & CEO Girish Kousgi resignsThe company stated that Kousgi will continue to function as the MD and CEO and discharge duties till the date of his relieving.
Can Fin Homes' CEO has aggressive growth plans for next couple of years" In Q3 last year, we did extremely well, Q4 was pretty good. Due to Covid-induced lockdown the next two quarters were quite muted and agai...