PNB Housing expects to cross Rs 1 lakh crore AUM in Q3 FY27: MD Ajai Shukla

50% of Portfolio

FY28

Micro-Housing Loan Book (₹9L–₹20L)

Newly Launched

₹100 Crore Portfolio

End of FY27

Core Strategic Growth Engines Under MD Ajai Shukla

The growth trajectory under Ajai Shukla—who took charge as MD & CEO in December 2025 with over three decades of mortgage lending leadership—is anchored by three operational pillars:

1. Rapid Scaling of Affordable Housing ("Roshni")

PNB Housing is actively shifting its disbursement mix toward higher-yielding affordable and emerging tier-2/tier-3 housing loans. By targeting a 45% portfolio share by FY27 and 50% by FY28, the company aims to enhance its Net Interest Margins (NIMs) and insulate yields against aggressive pricing competition from universal commercial banks in the prime metro segment.

2. Entry into Sub-₹20 Lakh Micro-Housing

The company has introduced a dedicated micro-housing vertical offering loan ticket sizes between ₹9 lakh and ₹20 lakh, targeting a ₹100 crore book by the end of FY27. This segment addresses informal, self-employed income earners who require localized cash-flow assessments rather than standard payroll documentation.

3. Granular Balance-Sheet De-risking

By systematically reducing large-ticket corporate developer exposures in favor of granular, small-ticket retail home loans, PNB Housing has strengthened its asset quality, resulting in lower credit costs and stable asset tagging.