How do I format a field in views? I have an FAQ page, where in the title it has some html tags, I would like to show the title in the views. When the view is displayed, it is showing html tags as well. How can I get the html processed value.

Is it possible?
Have you checked title field's settings section in views.
There is a option for "Style settings" you can check the option for restrict or add new html tags.