Moneycontrol
Last Updated : Jan 25, 2018 04:33 PM IST | Source: CNBC-TV18

Will look to maintain current run rate in the future, says PNB Housing Finance

In an interview to CNBC-TV18, Sanjaya Gupta, MD of PNB Housing Finance spoke about results and gave his outlook for the future.

CNBC TV18 @moneycontrolcom

In an interview to CNBC-TV18, Sanjaya Gupta, MD of PNB Housing Finance spoke about results and gave his outlook for the future.

Gupta said that retail and wholesale business did well in December quarter.

He further said that we will look to maintain current run rate in the future.

We will grow at 1.5x to 1.75x of industry level of 18 percent, he added.

Gupta also mentioned that net interest margin (NIM) improved but spread declined.

According to him, loan against property (LAP) is performing better than housing portfolio.

Watch accompanying video for more details…
First Published on Jan 24, 2018 01:58 pm
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