PNB Housing Finance celebrates dual milestone with launch of its 100th Affordable branch and First All-women Branch

Tambaram, November 6, 2023: PNB Housing Finance, the third largest (as per Company reports of 30th June 2023) housing finance company in India, marked a significant milestone today with the inauguration of its first all-women branch in the country. This exclusive, all-women branch located in Tambaram, Tamil Nadu, also marked the Company’s 100th Affordable-focussed branch. The inauguration was graced by Girish Kousgi, MD & CEO, PNB Housing Finance, along with Gita Nayyar and R. Chandrasekaran, Independent Directors, PNB Housing Finance.

With this inauguration, PNB Housing Finance has strengthened its commitment towards gender diversity and women empowerment. By establishing an all-women branch, it aims to create a unique and supportive environment where women can flourish in both professional and personal spheres of life and contribute to the economic progress of the nation.

This is also the Company’s 100th branch in the country dedicated to offering affordable housing finance solutions to customers through its affordable segment scheme Roshni. The initiative aligns seamlessly with its objective of business expansion and enhancing the accessibility of its products & services for a wider spectrum of customers.

Girish Kousgi, MD & CEO, PNB Housing Finance, stated, “As a progressive housing finance company, we recognize the importance of gender diversity and inclusivity in the workplace. Our first-ever all-women branch will help foster an environment where women can thrive, build their skills and contribute to the success of the organization. Further, this being our 100th branch for Roshni home loans, reaffirms our dedication to offering affordable and accessible financing solutions, thereby fulfilling the home ownership dreams of a diverse customer base. We are quite optimistic about the growth opportunities in the affordable segment and are looking forward to adding 60 more Roshni branches as a strategic step in that direction. Tamil Nadu is an attractive market for us and we will continue to solidify our presence in the state with our offerings.”