No quantifiable benefits in switching loans, says Kapil Wadhawan

We approach banking for onward lending activities, capital markets on consistent basis: Wadhawan

With a loan book outstanding of Rs 76,225 crore, mainly lending towards affordable housing with an average ticket size of Rs 17 lakh, DHFL is one of the leading names in the housing loan market. The company on Friday reported a 29 per cent rise in its net profit to Rs 260 crore. Kapil Wadhawan, chairman and managing director, DHFL, tells Nikhat Hetavkar that the push towards affordable housing and low interest rates mean this is the best time to buy a house, but loan-switching doesn’t help anyone. Edited excerpts:

The Pradhan Mantri Awas Yojana (PMAY) has brought in many new