PNB Housing Finance Q4 Results: Profit rises 25% to Rs 550 crore; asset quality improves
PNB Housing Finance has reported a 25% year-on-year jump in net profit for the fourth quarter at Rs 550 crore, backed by steady business growth and improvement in asset quality. Net profit for the entire financial year stood at Rs 1,936 crore against Rs 1,508 crore reflecting a 28% rise. The lender’s net interest margin…