Kapish Jain, CFO, PNBHF said "the disbursement of this ECB facility shall be availed soon. This is a long term facility of five years that would further help in balancing our ALM position. During the quarter, on net basis, we repaid borrowings of over Rs 2,500 crore."

Sanjaya Gupta, MD, PNBHF said that as on 31 March 2020, PNBHF has maintained sufficient liquidity of around Rs 7,588 crore (not considering SLR investments) and has additional sanctioned but undrawn lines of Rs 3,994 crore and have serviced all its committed liabilities till date without exercising the moratorium option.

PNBHF closed the year at a healthy asset under management (AUM) of around Rs 84,000 crore with deposit mobilization of around Rs 9,200 crore in FY20. During nine months of FY20, the company's credit cost was 85 bps. Though, the impact of the changed scenario arising due to COVID-19 is getting worked out, as an organization the company continues to be extremely vigilant and focused towards recovery initiatives. The loan spread is expected to be within the guided range of 200 to 215 bps for the current financial year, Gupta said.

PNB Housing Finance is a deposit-accepting housing finance company. The firm provides housing loans to individuals for purchase, construction, repair, and upgrade of houses. It also provides loans against property, loans for commercial property, and loans for purchase of residential plots, and real estate development loans.

On a consolidated basis, PNBHF's net profit fell 21.8% to Rs 237.02 crore on a 0.2% decline in total income to Rs 2074.79 crore in Q3 December 2019 over Q3 December 2018.