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More consolidation in housing finance? Merger of HDFC twins suggests so

Neha Dave   •

With no advantage on the funding side and increased regulatory costs, the profitability of HFCs is under pressure, and they are operating on wafer-thin margins

HDFC founder HT Parekh wanted middle class Indians to have the chance to build a home before they were too old. He set up HDFC in 1977. By the time he passed away, in 1994, HDFC Bank, too, had started. (Illustration by Suneesh K.)

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Disclosure & Disclaimer

This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More