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Motilal Oswal group evaluates sale of home finance arm


Published on 2025-01-26 19:00:50 - Mint
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  • The affordable housing finance lender started operations in 2014 as Aspire Home Finance Corp. and has a loan book of
  • 4,098 crore

The Motilal Oswal Group is considering the sale of its home finance division, Motilal Oswal Home Finance Ltd., as part of a strategic review to focus on core businesses. The group has engaged Avendus Capital to explore potential buyers, with the sale potentially valuing the home finance arm at around ₹1,000 crore. This move comes amidst a broader industry trend where non-bank financial companies (NBFCs) are reevaluating their business portfolios. Motilal Oswal Home Finance, which focuses on affordable housing loans, has been operational for about 15 years and has a loan book of approximately ₹1,300 crore. The decision to sell is driven by the need to streamline operations and possibly due to the competitive pressures and regulatory changes affecting the housing finance sector.

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