The Reliance Home Finance Scrip Made A Stellar Debut In Trade Today - Dollar Advisory Financial Services

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Friday 22 September 2017

The Reliance Home Finance Scrip Made A Stellar Debut In Trade Today

The Reliance Home Finance scrip made a stellar debut in trade today.

"The company is looking to grow is loan book at 50 percent CAGR over the next three-to-four years," Ravindra Sudhalkar, CEO, Reliance Home Finance said in an interview to CNBC-TV18.

He further said it is looking to maintain its net interest margin at 3.5 percent and grow its housing finance business to 60 percent by FY20.

The housing finance company is targeting return of assets of 1.5 percent by FY20, he added.

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