Home loan market will double, HDFC merger will help scale up business: Chairman Deepak Parekh

Parekh said that the home loan market in India is estimated at slightly over $ 300 billion, at a mortgage to GDP ratio of just 11% currently, but favourable conditions like rising income levels, improved affordability and fiscal support augur well for the demand for homes.

from Banking/Finance-Industry-Economic Times https://ift.tt/VGLi71R