Profit

Home loans, the recession-proof segment

PUBLISHED ON: July 17, 2012 | Duration: 2 min, 57 sec

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In this segment of the latest episode of The Property Show, Arun Thukral, MD, CIBIL, says that while loan growth in tier-I cities may plateaued, tier-II and tier-III cities are seeing a lot of investment in infrastructure, which is pushing the overall growth in the home segment. This was also evident from HDFC's recent quarterly results, in which the company posted a 19 per cent jump in profit.
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