PNB Housing Finance reported a good quarter; the stock is higher in trade. In an interview to CNBC-TV18, Sanjaya Gupta, MD of PNB Housing discussed the company's quarterly performance.
Portfolio mix remains same in first half of FY18 as it was in FY17. However, saw portfolio growth across segments in Q2, said Gupta.
Talking about government's capital infusion plan, he said that 60 percent of housing financing sector belongs to banks and 40 percent to housing finance companies (HFC).
On number front, he said housing loans are at 59 percent and loan against property (LAP) is about 16 percent of the book.
According to him, different players have got different nuances in terms of how they lend in LAP segment.
Watch accompanying video for more details.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!