In an interview to CNBC-TV18, Sudhin Choksey, MD of Gruh Finance shared his expectations on the affordable housing segment in the upcoming Budget and gave his outlook for the future.

Affordable housing scheme extension is a positive move, says Gruh Finance

In an interview to CNBC-TV18, Sudhin Choksey, MD of Gruh Finance spoke at length about the extension of affordable housing scheme and the latest happenings in the company.

Expect proper functioning of RERA in 6-9 months: Gruh Finance.

The time taken for implementation of RERA Act by various states will be different. So it could well be 6-9 months before it starts functioning properly, says Sudhin Choksey, MD, Gruh Finance.

Loan growth in single-digits so far; see pick-up now: SBI

Speaking to CNBC-TV18 Anshula Kant, Deputy MD & CFO of SBI said that deposit growth has been strong for the bank. Sudhin Choksey, MD of Gruh Finance, said that demand side incentives are a significant relief to families in the segment. Jairam Sridharan, CFO, Axis Bank said the government schemes are good.

Gruh Finance targets 25% credit growth in FY15: MD

On the back of land acquisition ordinance and statements of affordable housing from government, he thinks the credit growth is likely to see an improvement, says Sudhin Choksey, MD of Gruh Finance.

RBI lending norm to benefit HFCs raise more funds: Gruh Fin

Sudhin Choksey, MD of Gruh Finance feels the RBI initiative will certainly benefit the company as the funds flowing from the banks would now be considered for the priority sector.

No significant fall in rates; loan growth dull: Gruh Fin

Sudhin Choksey, managing director, Gruh Finance, a subsidiary of HDFC Ltd, explains to CNBC-TV18 that there has been no impact on interest rates since the State Bank of India announced a cut in home loan rates for new customers.

Demand for loan sluggish, may up lending rates: Gruh Fin

Sudhin Choksey, MD, Gruh Finance, says that the bank borrowing cost and NHB refinance cost has also not reduced which is a worrying factor.

Our NPLs are well under control says Gruh Finance

Sudhin Choksey, managing director of Gruh Finance in an interview to CNBC-TV18 spoke about the latest happenings in the company and the road ahead.

Expect NIM at 4% for FY11: Gruh Finance

In an exclusive interview with CNBC-TV18's Ekta Batra and Reema Tendulkar, Sudhin Choksey, Managing Director of Gruh Finance sees the Net Interest Margin for FY11 at around 4%. He also says that there has been 28% growth in oan assets and the disbursements have been to the tune of almost 71%.