Overview

• PNB Housing’s standalone net profit fell 6.2% year-on-year to ₹531.73 crore in Q1 FY26 as net interest income rose 16%.
• Its affordable housing book surged 143% to ₹5,744 crore and PNB aims to expand its retail portfolio to ₹1 lakh crore by FY27 with an affordable segment goal of ₹9,500 crore by December.
• The lender raised its FY26 net interest margin guidance to 3.7% from a prior range of 3.60–3.65% to reflect improved funding costs and pricing power.
• Bajaj Housing Finance posted a 21% increase in Q1 profit after tax to ₹583 crore, with net interest income up 33% to ₹887 crore and assets under management climbing 24% to ₹1.20 lakh crore.
• Bajaj tempered its FY26 AUM growth guidance to 21–23% because of heightened competition and anticipated rate cuts, while both firms reported solid capital adequacy and resilient asset quality.