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Performance And Financial Communication: Major Housing Finance Companies in India

Manoj P K (Author)

Because of the vast linkages of housing, both forward and backward, with over 250 other industries promotion of housing enables kickstarting an economy in times of recession. Often housing is considered as an ‘Engine of growth’ particularly for developing nations like India. Because of the strategic significance of housing, it has been one of the top priorities for the successive Governments in India. But, only since the late 1970s there has been an organized attempt to promote the institutional mechanism for housing finance in India. The Tenth Plan (2002-2007) sought to promote housing sector in a big way. So did the Eleventh Plan (2007-12) and the Twelfth Plan (2012-17). This era of Niti Aayog is no exception in this regard. Analysis of financial performance and financial stability of the major housing finance companies (HFCs) in India and the need for effective communication of their financial information to the stakeholders is the focus of this book. Focusing on three major HFCs in India, the author discusses in detail their financial performance over the years and also their financial position. Detailed analysis of their comparative performance is also made. Based on the findings of his study, the author has sought to suggest strategies for their sustained performance as well as financial stability. Besides, strategies for effective communication of the financial and operational information of the HFCs have also been made.

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Bibliographic information

Title Performance And Financial Communication: Major Housing Finance Companies in India
Author Manoj P K
Format Hardcover
Date published: 08.08.2019
Edition 1st ed.
Language: English
isbn 9789386611765
length 393p.