‘Mulling health insurance acquisition’
Source: The Hindu Jan 8, 2018
The opportunity for growth in health insurance in the country is massive, says HDFC’s vice chairman
The country’s largest mortgage financier, Housing Development and Finance Corporation (HDFC), is gearing up to enter a new phase of growth by diversifying into different sectors. Keki Mistry, vice chairman and CEO, shares HDFC’s future plans in an interview. Edited excerpts:
HDFC has recently announced plans to raise ₹13,000 crore capital from the market with an aim to diversify into health insurance and buying stressed real estate assets. What is the reason behind the decision at this juncture?
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