PNB Housing Finance’s (PNBHF) Q2FY24 financial performance was an outcome of the successful execution of its renewed ‘retailisation’ strategy. This was reflected in 99% of total disbursements towards retail segment (INR 42bn, of which INR 3.7bn were towards affordable housing) and a sharp decline in corporate book GNPL to 2.9% by Sep’23 from 25% in Jun’23.