Essayer OR - Gratuit
IIFL Home Finance expects 15% AUM growth in FY25
Financial Express Chandigarh
|December 28, 2024
● Looking at stock market listing, but no timeline yet
IIFL HOME FINANCE expects its asset under management (AUM) to grow by 15% in the current financial year, primarily driven by rising demand in smaller cities, but its net interest margin may go down by 10-20 basis points, said the company's executive director and CEO Monu Ratra.
He also said the company is considering a stock exchange listing but the timeline is yet to be firmed up.
To continue its growth momentum, the company has been laying emphasis on projects in smaller cities. Tier-2 and tier-3 cities generate a majority of the demand for affordable housing loans. And, in metro cities, the focus is more on projects on the outskirts.
Though there are multiple definitions of "affordable housing", IIFL Home Finance considers a house priced up to ₹65 lakh in metro cities and up to ₹40 lakh in non-metro cities as affordable.
Cette histoire est tirée de l'édition December 28, 2024 de Financial Express Chandigarh.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Financial Express Chandigarh
Financial Express Chandigarh
Southwest monsoon advances
THE SOUTHWEST MONSOON has advanced into parts of the southeast Arabian Sea, southwest and southeast Bay of Bengal, the Andaman Sea, the entire Nicobar Islands and parts of the Andaman Islands, including Sri Vijaya Puram, the India Meteorological Department (IMD) said on Saturday.
1 min
May 17, 2026
Financial Express Chandigarh
India rejects Hague tribunal's arbitration on Indus Treaty
INDIA ON SATURDAY trashed a ruling by the Permanent Court of Arbitration in The Hague regarding certain hydroelectric projects in Jammu and Kashmir which Pakistan had objected to under the framework of the Indus Waters Treaty.
1 min
May 17, 2026
Financial Express Chandigarh
The many worlds of Satyajit Ray
A new exhibition captures the legendary filmmaker in a new light as photographer Nemai Ghosh shadows him through sets, rehearsals, conversations & solitude
4 mins
May 17, 2026
Financial Express Chandigarh
China signals tariff cuts, agrees to expand agri trade
US & China to tackle non-tariff barriers, market access issues
1 mins
May 17, 2026
Financial Express Chandigarh
CBI arrests one; two in remand
Two accused have been sent to CBI custody for 10 days
1 mins
May 17, 2026
Financial Express Chandigarh
Voda-Idea to raise ‑4,730 crore from ABG entity
VODAFONE IDEA'S BOARD has approved a preferential issue of warrants worth up to ‑4,730 crore to promoter group entity Suryaja Investments, Singapore, an Aditya Birla Group entity, in a fresh capital raise aimed at strengthening the telecom operator’s balance sheet and funding requirements.
1 min
May 17, 2026
Financial Express Chandigarh
Beyond an AI app
Devices and software are now coming prepackaged with AI capabilities
3 mins
May 17, 2026
Financial Express Chandigarh
Vi Q4 profit jumps on one-off gains
THE COMPANY POSTED a net profit of ₹51,986 crore for the quarter, from a loss of ₹5,284 crore in the preceding three months, gaining from a one-time benefit of ₹55,622 crore marked under exceptional items.
2 mins
May 17, 2026
Financial Express Chandigarh
Tata Electronics, ASML join hands to make chips in India
ELECTRONICS MANUFACTURING COMPANY Tata Electronics and Dutch semiconductor equipment major ASML have joined hands to enable chip manufacturing in India, a joint statement said on Saturday.
1 min
May 17, 2026
Financial Express Chandigarh
Six ways to see rare books in the British capital
Here’s a guide to illuminated manuscripts, antique tomes and first editions in London
3 mins
May 17, 2026
Listen
Translate
Change font size