PNB Housing Finance to resume project financing soon: MD

May 1, 2025

PNB Housing Finance is poised to re-enter project financing this quarter after a three-year hiatus, buoyed by improved asset quality. The lender aims for a ₹1,500 crore project finance portfolio by fiscal year-end, alongside expanding its loan against property business with a dedicated team. The company projects 18% growth for FY26, driven by affordable housing loan segment.

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RBI eases restrictions on cash credit accounts, eases current account norms

The Reserve Bank of India has lifted all restrictions on banks opening and maintaining cash credit accounts, offering greater flexibility for short-term working capital loans.

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