First MultiBagger (future 2-3 years) is CAN FIN HOMES: CANFIN loan book has grown by 19% CAGR over last 10 years CANFIN is a play on the high-growth Indian housing finance industry, which is driven by growing urbanization, rising income levels, low penetration of housing finance and shortage of houses. The company has consistently maintained NIMs of 2.9% over last 5 years. Promoted by CANARA Bank enables it lower cost of funds due to high credibility of promoter.
Posted on: Thu, 06 Nov 2014 13:40:55 +0000
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