Indiabulls Housing Finance targets 15% growth in FY25 asset base [Video]

Gurugram-based Indiabulls Housing Finance is targeting a growth of around 15% in its asset under management (AUM) in the financial year 2025.

“There is renewed focus on ensuring that the disbursals around retail business, which is home loans and retail loans against property given to small business owners, scale up; we are hopeful that we will be able to start growing our AUM,” said Gagan Banga, the company’s Vice Chairman and Managing Director.

The company’s AUM is currently at around ₹67,000 crore.

Banga is confident of achieving return on assets (RoA) of more than 3% by the end of the financial year 2026 and return on equity (RoE) of over 15% by financial year 2027.

Speaking to CNBC-TV18, Banga said, “The RoA had declined from being north of 3% to a low of about 1.2%. It has inched back up to 1.6%. We expect that every six months, we should be able to grow the return on equity …