PNB Housing chief on Carlyle deal pull-out: Don’t want protracted legal battle

Its Managing Director and CEO Hardayal Prasad said exiting the Rs 4,000-crore Carlyle-led deal was a conscious choice of PNB Housing Finance as the company did not want to get into a protracted legal battle and did not want to focus on the lending business. Last month, the company said it has decided not to … Read more