PNB Housing Finance Limited, today inaugurated its Zonal Office and Regional Processing Centre here to tap high-growth in cities and regions in South Indian market.
There are enormous opportunities available in the South and Bengaluru Zonal office will cater the growing demand and serve as the decision making centre for their branches in the South, MD of PNB Housing Sanjaya Gupta said.
The zonal office will cater to the entire South Indian market while the regional processing centre will serve Karnataka reaching out to cities like Mysuru and Mangaluru, he said.
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The new office will also augment operational efficiencies performing as the nerve centre for the state territory, a bank statement said quoting Gupta.
PNB Housing operates with four regional offices supported by a network of branches in South India.
As of September 30, 2015, 29 per cent of their total loan book was contributed from South India amounting to Rs.6,222 crore.
It plans to take the total number of branches in South India to 14 in the next fiscal by adding 5 more branches, the statement said.
