India, Aug. 7 -- PNB Housing Finance expects its newly launched micro-housing loan business to reach around Rs 100 crore by the end of the current financial year as it expands deeper into the affordable housing segment, a top official said on Thursday.

The lender has already rolled out the product and expects disbursements to gather pace now as the policy framework and employee training are in place.

"It (micro-housing loan business) has already started; now, since the policy and training are in place, I think it should start. Safely by the end of the year, AUM of this business could be around Rs 100 crore," Ajai Kumar Shukla, managing director and chief executive officer of PNB Housing Finance, told PTI in an interview.

He said the co...