PNB Housing Finance Ltd Leadership Changes And Credit Rating Upgrades

MD & CEO Girish Kousgi vacated office on Oct 28, 2025; Executive Director Jatul Anand now leads pending approvals. Independent Directors Pavan Kaushal and R Chandrasekaran completed their tenures. India Ratings upgraded LT rating to 'IND AAA' (Stable) for NCDs/bank loans, citing profitability, asset quality (GNPA 1.04%, NNPA 0.68%), and PNB stake. CRISIL assigned AA+/Stable to NCDs.