Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Mar 22, 2024

Housing Finance Companies - AUMs Poised To Grow In Double-Digits In FY24, FY25: CareEdge

Housing Finance Companies - AUMs Poised To Grow In Double-Digits In FY24, FY25: CareEdge
A residential building. (Source: pxhere)
STOCKS IN THIS STORY
HDFC Bank Ltd.
--

NDTV Profit's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer NDTV Profit's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

CareEdge Research Report

The housing finance sector continues to be aided by strong macro drivers supporting demand; despite elevated interest rates, residential sales and launches are on a strong footing.

Driven by underlying demand and supported by strong balance sheets; housing finance companies are witnessing the continuation of healthy assets under management growth.

Retail portfolio seen growing at a healthy clip; stress in wholesale portfolio gradually ebbing.

With the declining pace of fresh slippages and recoveries in the wholesale portfolio, asset quality issues are receding for HFCs.

While net interest margins are expected to remain under pressure, overall profitability is expected to improve on the back of waning asset quality stress.

Click on the attachment to read the full report:

CareEdge Report - Housing Finance Companies.pdf
VIEW DOCUMENT

DISCLAIMER

This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

To continue reading this story
You must be an existing Premium User

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search