In an interview to CNBC-TV18, Keki Mistry, VC & CEO of HDFC spoke about the results and the latest happenings.
Mistry expects cost of funds to decline here onwards.
According to him, net interest margins (NIMs) will remain broadly at current levels.
He further said that no other low cost funding available till March 2018.
On initial public offering (IPO) front, he said the stated objective is to go ahead with the IPO of HDFC Life.
He expects to file for HDFC Life IPO by mid-August with Securities and Exchange Board of India (Sebi).
Speaking about loan, he said the government's thrust on housing has been one of the boosts for housing finance companies.
He doesn't expect any further rate cut from Reserve Bank of India (RBI) after August 2.
Watch accompanying video for more details.
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