HDFC CEO: NPL Levers in India 'Very Much Under Control'

The transcript discusses India's economic recovery post-pandemic, highlighting the growth in housing loans and the stability of non-performing loans (NPLs). It examines government policies supporting the housing sector, including tax benefits and subsidies. The concept of a 'bad bank' is explored as a solution for managing bad loans. Finally, the potential transition of HDFC from a non-banking financial company (NBFC) to a bank is considered, with attention to regulatory differences and future guidelines from the Reserve Bank of India (RBI).

What changes were made to housing loan policies in the recent budget?

How have state governments contributed to the housing market recovery?

What is the potential impact of setting up a bad bank on the financial sector?