We expect good demand to continue from realty sector: LIC Hsg Fin chief

In a Q&A, Y Viswanatha Gowd, MD & CEO of the HFC attributes the uptick in demand for home loans to stabilising interest rates and completion of large projects

LIC Housing Finance expects encouraging growth numbers in FY24 on the back of big real estate projects nearing completion and interest rates stabilising, MD & CEO Y Viswanatha Gowd tell Manojit Saha in the interview:

How has your business grown in 2022-23? What are the projections for the financial year 2023-24?

For the nine months to December 2022, our disbursements have grown at a healthy 13 per cent. Most of this was in the retail segment. The growth comes despite disruptive global headwinds. I expect the good demand in the real estate sector to continue in the new financial year