PNB Housing sees 5-8 bps NIM gain from RBI rate hike, says CEO Ajai Shukla
PNB Housing Finance anticipates a minor enhancement in net interest margin due to the Reserve Bank's recent rate hike. The lender's margin improvement is expected to be between 5 to 8 basis points and will benefit customers through cheaper loans. The company is also experiencing positive demand momentum in the housing finance sector. Additionally, PNB Housing Finance has received a credit rating upgrade to AAA/Stable from Crisil.
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Wow
0
Sad
0
Angry
0
Comments (0)