PNB not looking to sell its 7% stake: PNB Housing Finance MD

Interview with Sanjaya Gupta, managing director, PNB Housing Finance

PNB Housing Finance Company, which raised Rs 3,000 crore capital from the markets last year in its first outing will open 23 more branches in 14 different cities in FY18 to expand their presence. Sanjaya Gupta, managing director of the 28-year old firm in an interview said they'll opt for a follow-on public offer (FPO) from three years now. He tells Dilasha Seth and Indivjal Dhasmana that the new launches have slumped, but are expected to pick up in November-December after Real Estate Regulation Authority (RERA) will come into effect after July-end. 

How is the company doing after the IPO