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New Delhi, Jan. 29 PNB Housing Finance Ltd, a wholly owned subsidiary of Punjab National Bank, said on Monday that it expects its total loan disbursement to cross Rs 600 crore in the current fiscal. The company's loan disbursements in fiscal 2005-06 stood at Rs 393 crore.

Mr V.K. Khanna, Managing Director, said that the company has disbursed loans amounting to Rs 499 crore in April-December 2006 as against Rs 198 crore in the same period in the previous year.

"We have tried to improve our market share. Our share is small. We are capable of doing much more. So we are now improving through enhanced efficiency," Mr Khanna told Business Line.

The company on Mondayreported a net profit of Rs 16.4 crore on a total income of Rs 106.14 crore for the nine-month period ended December 31, 2006. It has registered a net profit of Rs 10.22 crore on a total income of Rs 69.52 crore in the same period in the previous year.

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