HDFC to invest Rs 250 cr in stressed assets fund for realty sector: CEO Keki Mistry
Mistry said HDFC has been going slow on project loans for the last four to five quarters because of the overall conditions, but it is focusing on the individual loans segment with the same vigour as before. He said the real estate sector is very important for the economy because it helps creates jobs both directly and indirectly.
Political, regulatory pressure on corp governance impacting risk taking by firms: Keki Mistry
The mortgage lender's executive said bankers ar...
Liquidty still not accessible for all NBFCs: CEOs
"There is now a differentiation among NBFCs. Though rumours and fear mongering which we saw...
HDFC Bank sets up panel to find successor to managing director Aditya Puri
"The board of directors of the bank at its meeting held today has constituted a search committee to identify a successor to Aditya Puri, the current managing director of the bank, whose tenure ends on October 26, 2020. The search committee shall evaluate internal and external candidates to ensure smooth transition," the bank said.
Individual loan demand strong despite fears of a slowdown: Keki Mistry, HDFC
We have guided the market that we are cautious about growing non-individual loans.
No change in demand from people buying houses to live in: Keki Mistry, HDFC
A pool of Rs 20,000-25,000-odd crore can help in providing last mile funding for struck projects.
From hot cake to hot potato: The remoulding of mortgage lending
Mortgage is the safest piece in lending. But financial engineering for better returns made it risky.
Many corporate biggies fail to turn up for the polls
Those who did cast their votes included Mahindra group chairman Anand Mahindra, HDFC chief executive Keki Mistry, Marico chairman Harsh Mariwala, and M&M managing director Pawan Goenka.
Rs 20,000 cr enough to see through the completion of stuck projects: Keki Mistry, HDFC
The creation of the fund as well as the clarification on ECB are very good measures.
Rate cut will ultimately improve investment cycle: Keki Mistry
As liquidity in the system improves, funding cost per se come down.
Why Keki Mistry thinks the credit policy is perfect
In the last probably 10 or 15 days that liquidity in the system has started turning positive.
Consumption and investment boost to lead to economic growth: Keki Mistry, HDFC
Housing sector needs a boost as it creates maximum number of jobs, says HDFC CEO.
Same mechanism for loans, liabilities: HDFC may link rates to external benchmarks
Move to be discussed at next asset liability committee meeting to be held in two weeks.
There is stress in real estate market due to liquidity issues: Keki Mistry, HDFC
"Housing is more affordable than what it used to be. Property prices have not kep pace with incomes."
Addressing liquidity concern should be top agenda for NDA 2.0: Keki Mistry, HDFC
There is a fear of NPLs and I think that is a very important concern which needs to be addressed
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