Moneycontrol
Feb 14, 2018 04:59 PM IST | Source: CNBC-TV18

Our underwriting model is to target self-employed: Piramal Housing Finance

Piramal Finance will invest Rs 3,000 crore in affordable and mid-income housing projects. In an interview to CNBC-TV18, Khushru Jijina, MD of Piramal Housing Finance spoke at length about the same.

CNBC TV18 @moneycontrolcom

Piramal Finance will invest Rs 3,000 crore in affordable and mid-income housing projects. In an interview to CNBC-TV18, Khushru Jijina, MD of Piramal Housing Finance spoke at length about the same.

Jijina said that we have created a separate team for looking at end-to-end servicing our developers and customers in the affordable housing sector.

He further said that most of the housing finance have been concentrating on salaried class and now affordable housing has become a buzzword, everybody is jumping into it and that is bound to create more NPAs.

Our underwriting model is to target the self-employed, he added.

For entire interview, watch accompanying video.

tags #Business

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