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The company’s consolidated net profit rose by 21% to Rs. 3,825 crore, supported by a 28% increase in net interest income in the fourth quarter. Net interest income jumped to Rs. 8,013 crore from Rs. 6,254 crore a year ago.
Millennials and Gen Zs, in the age group of 18-34 years, constituted 53% of the total demand for home loans in India between October 2022 and October 2023. While male applicants contributed to 74% of this demand, female applicants constituted 26%, showed a Magicbricks study.
NL Corresspondent Jammu Tawi: Based on the preferences of customers on its platform between October 2022 and October 2023, Magicbricks has observed that Millennials and Gen Zs (age group of 18-34 years) constituted 53% of the total demand for home loans in India. While male applicants contributed to 74% of this demand, female applicants constituted