Rishi Anand, MD & CEO of Aadhar Housing Finance, discusses the IPO, Blackstone’s stake reduction, SEBI approval, high AUM, improving asset quality, significant housing unit shortfall, stable NIMs, debt levels, mortgage penetration challenges, and the strategic distribution strategy. Anand says: “We are covering about 11,000 PIN codes out of the 18,000 PIN codes in the states we are available, spread across the length and breadth of the country.”
European shares end lower on US Fed rate, Trump jitters
European shares fell on Friday, dragged down by disappointing earnings, concerns about the impact of U.S. President-elect Donald Trump’s policies, and a jump in Treasury