There is plenty of demand from individuals who are looking to buy a house. Real Estate Regulatory Act (RERA) and goods and services tax (GST) has got nothing to do with the slowdown at least till June because RERA and GST were introduced after July 1, Keki Mistry, VC & CEO of HDFC told CNBC-TV18.
Max Life Insurance is in focus after Max Financial Services' deal with HDFC has been called off. In an interview to CNBC-TV18, Rajesh Sud, CEO & MD of Max Life Insurance spoke about Max Financial-HDFC deal call off and the latest happenings in the company.
Securities and Exchange Board of India’s (Sebi) move is a step in the right direction. That's the word coming in from HDFC Chairman, Deepk Parekh. Also talking about HDFC Life, he says they are only focusing on the initial public offering (IPO) for now. CNBC-TV18's Ritu Singh caught up with him and asked his views on the latest Sebi circular on tightening disclosure norms for listed entities.
HDFC announced that it is going to divest 9.57 percent of its stake in HDFC Life. In an interview to CNBC-TV18, Amitabh Chaudhry, MD & CEO of HDFC Life spoke about the latest happenings.
In an interview to CNBC-TV18, Keki Mistry, VC & CEO of HDFC shared his readings and outlook on RBI's bi-monthly policy.
In an interview with CNBC-TV18, Keki Mistry, VC & CEO of HDFC spoke about the slash in home loan rates.
In an interview to CNBC-TV18, Keki Mistry, VC & CEO of HDFC gave his take on the monetary policy.
The demonetisation pain is likely to lessen by February-end or early march next year bringing normalcy back into the system, Keki Mistry, VC & CEO of HDFC.
Market is over reacting to demonetisation move and Trump-win. India has never been in a stronger position as it is today, says Deepak Parekh, Chairman of HDFC.
Speaking to CNBC-TV18 Deepak Parekh, Chairman of HDFC, said that the recent Cabinet move is an excellent one. â€œAll contracting companies from L&T onwards are overburdened because of arbitration process. Every project goes into arbitration and after that it goes into court. Arbitration takes a long time,â€ he said.
In an interview with CNBC-TV18, Keki Mistry, Vice Chairman and Chief Executive Officer of HDFC, said the demand for housing loans was going to be strong over the next few years.
HDFC has seen a sharp growth of Rs 4000 crore in the non-individual segment in the last quarter, which is expected to continue once the investment cycle picks up and rural demand increases, says Keki Mistry, Vice Chairman & CEO of the company.
Mistry is very keen on the IPO of HDFC Standard Life. But he did not disclose any information on valuations.
The demand from individuals for housing loans is likely to remain healthy in the short-term, says Keki Mistry, VC & CEO of HDFC.
Keki Mistry says a single window clearance for property developers will help boost the real estate sector.
FIPB today cleared Standard Life's proposal to stake in the insurance joint venture by 9 percent with HDFC for Rs 1,700 crore.
Bajaj Finserv and its listed subsidiary Bajaj Finance have had yet another rollicking year, both in terms of business and share price performance, and MD Sanjiv Bajaj says he plans to do the same thing he's done for years in 2016 too.
HDFC ERGO General Insurance on Thursday announced that Germany's ERGO International will buy 22.9 percent additional stake in the company.
Keki Mistry, Vice Chairman and CEO, HDFC says he expects HDFC Standard Life‘s proposal for an initial public offer to be cleared by FIPB soon
Keki Mistry, Vice Chairman & CEO, HDFC, says the NBFC will maintain its 20 percent stake in HDFC Bank.
Keki Mistry, VC & Chief Executive Officer (CEO) of HDFC said the Reserve Bank of India (RBI) still has elbow room to cut rates further.
Mistry says the RBI may have leeway to cut interest rates by 50-75 basis points over the next one year, but much will also depend on how global events play out.
The maximum amount of money which a bank raises, goes directly into the power and housing sectors, Prithvi Haldea, Chairman, Prime Database told CNBC-TV18.
B Sriram, managing director and group executive national banking, SBI expects the home loan portfolio to grow by 18 percent in FY16. According to him, competition in the home loan space has been rather intense.
In an interview to CNBC-TV18, Amitabh Chaudhry, managing director and chief executive officer, HDFC Lifesays the company‘s stake sale to Azim Premji Trust is is in no way a pre-initial public offer (IPO).