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HFCs to generate 12 to 17 pc RoE in FY22-23: Motilal Oswal


HFCs to generate 12 to 17 pc RoE in FY22-23: Motilal Oswal
ANI |
Updated: Jan 15, 2021 16:46 IST
Mumbai (Maharashtra) [India], January 15 (ANI): Housing finance companies (HFCs) are expected to generate 12 to 17 per cent return on equity in the next two years as credit costs normalise, Motilal Oswal Financial Services said on Friday.
Over the past two years, the top two HFCs have outperformed on account of strong parentage and access to debt capital. These players have been able to capture the revival in real estate space with disbursements surpassing pre-Covid levels.
Motilal Oswal said it expects these players to disproportionately benefit from a pick-up in real estate volumes and consolidation in the builder space. ....

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