In an interview to CNBC-TV18, Keki Mistry, VC & CEO of HDFC spoke about their bid for Can Fin Homes.
A large part of the fund raised will be invested in HDFC Bank, to the tune of Rs 8500 crore to maintain the stake in the bank, said Keki Mistry, VC & CEO, HDFC.
India's biggest mortgage lender HDFC has informed the exchanges that it plans to raise around Rs 11,000 crore. They will do it via issuing preference shares to the shareholders. That's not all; the HDFC board also approved raising around Rs 1,896 crore through qualified institutional buyers.
Even as a thrust is being given to the affordable housing segment, a Moody's-ICRA report has flagged concerns about the growing delinquencies in this segment, which are expected to continue in 2018. In an interview with CNBC-TV18, Keki Mistry, VC & CEO of HDFC shared his views and outlook on the same.
Ajanta Pharma retains the tag of fastest wealth creator for the third time in a row and Asian Paints is the most consistent wealth creator, said the wealth creation study
The initiatives that the government has taken in the recent times in the various things starting with demonetisation, goods and services tax (GST), real estate regulatory authority (RERA) are taking its effect and rating agencies are now beginning to recognise India’s potential, Keki Mistry, Vice Chairman and CEO of HDFC said.
ULIPs are a hot product now because markets are doing well but would prefer to sell more endowment and protect policies, Deepak Parekh, Chairman, HDFC.
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 spoke about the results and 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.
With RERA, the individual home buyer will get more confidence in buying a property, said Keki Mistry, Vice Chairman and CEO, HDFC.
In an interview to CNBC-TV18, Keki Mistry, VC & CEO of HDFC gave his take on the monetary policy.
Demonetisation is not purely the reason for the slightly slower demand for housing loans, says Keki Mistry MD & CEO of HDFC In an interview to CNBC-TV18.
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.
Properties situated outside large cities have been a driving force for home financier HDFC, Vice Chairman and CEO Keki Mistry says.
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.