Synopsis: This Housing Finance Ltd has rebounded from crisis with cleaner books and retail-led growth. Its GNPA fell from a staggering peak of 8.13% to just 1.04% with consistently rising profits, turning from a stressed lender into a focused housing finance turnaround story to watch. PNB Housing had a tough time a few years ago.
It was dealing with concerns about loan losses and slow growth. Today, however, the situation has changed. The company is seeing steady loan growth, improved asset quality, and a new leader to steer it into the next phase.