Sudhin Choksey

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Sudhin Choksey (born 31 January 1954) is the executive director (designate) of Bandhan Bank[1][2] and former managing director & CEO of Gruh Finance Limited.[3] He is considered as one of the foremost authority in affordable housing finance and mortgage insurance in India.[4]

Career[edit]

Choksey joined GRUH Finance Limited in 1993 as General Manager of the company. He was appointed as an executive director on the Board of the company in May 1996. He was appointed as CEO of the company in November 1998 and then as managing director in June 2000.[5] In 2019, he led the merger of GRUH Finance with Bandhan Bank.[6][7] Post-merger, he joined the latter as an executive director (designate).[8]

In 2014, Choksey joined the National Taskforce on Rural Housing and Habitat set up by Ministry of Rural Development (India) for rural housing finance.[9]

Affordable Housing Market[edit]

Choksey is considered as one of the advocates for affordable housing in India. Often, he has supported various socio-economic researches[10] and piloted affordable housing projects in rural part of Gujarat.[11] His views on the dynamics of Indian housing market are regularly the part of business news broadcast such as; BloombergQuint,[12] BTVI,[13] CNBC TV18,[14] ET Now[15][16][17][18] and NDTV Profit.[19]

Awards[edit]

Choksey was the recipient of the Institute of Chartered Accountants of India Business Leader Financial Services Award for the Year 2015.[20]

See also[edit]

References[edit]

  1. ^ "Bandhan Bank looks to scale up presence in home loan segment". Square Capital. 2019-10-29. Retrieved 2020-02-07.
  2. ^ "Bandhan Bank looks to ramp up home loan portfolio". Moneycontrol. 24 October 2019. Retrieved 2020-02-07.
  3. ^ "Sudhin Bhagwandas Choksey, Gruh Finance Ltd: Profile and Biography - Bloomberg Markets". Bloomberg.com. Retrieved 2020-11-14.
  4. ^ Das, Chandrima; Karamchandani, Ashish; Thuard, Johan (2018). "State of the Low-income Housing Finance Market 2018" (PDF). Federation of Indian Chambers of Commerce & Industry.
  5. ^ "How Sudhin Choksey Carved A Niche For Gruh Finance". Forbes India. Retrieved 2020-02-07.
  6. ^ "Talks on for Bandhan Bank, GRUH Finance merger". The Economic Times. 2018-12-22. Retrieved 2020-02-07.
  7. ^ "Bandhan Bank, Gruh Finance to merge on October 17". The Economic Times. 2019-10-04. Retrieved 2020-02-07.
  8. ^ "Bandhan Bank looks to ramp up home loan portfolio". Moneycontrol. 24 October 2019. Retrieved 2020-02-07.
  9. ^ "The National Taskforce on Rural Housing and Habitat" (PDF). Ministry of Rural Development (India). Government of India. March 25, 2014.
  10. ^ "Gruh Finance: Serving the Underserved in the Housing Sector". Knowledge@Wharton. Retrieved 2020-02-07.
  11. ^ Burger, Nicholas; Gutierrez, Italo; Kumar, Krishna B.; Luoto, Jill E.; Monani, Dhaval; Raichura, Kavita (2014), "The Ashray Housing Project", The Socioeconomic Effects of the Working Poor Moving to Permanent Dwellings, The Case of the Ashray Affordable Housing Pilot Project in India, RAND Corporation, pp. 5–8, JSTOR 10.7249/j.ctt14bs2q2.10
  12. ^ "Gruh Finance Sees Good Demand Home Loans For Next 12-15 Months". BloombergQuint. 16 October 2017. Retrieved 2020-02-07.
  13. ^ Watch: | The West Australian, retrieved 2020-02-07
  14. ^ "Expect second half of FY19 to be more positive: Gruh Finance". Moneycontrol. 5 January 2018. Retrieved 2020-02-07.
  15. ^ RBI home loan norm a fillip to affordable housing, March 9, 2015, retrieved 2020-02-07
  16. ^ Reduction of risk weightage to expand loan asset, October 9, 2015, retrieved 2020-02-07
  17. ^ "Sudhin Choksey of Gruh Finance speaks on Q3 performance & stock value post deal". www.timesnownews.com. Retrieved 2020-02-07.
  18. ^ "HFC Ruling - Hit On Developers | Sudhin Choksey of Gruh Finance To ET NOW". www.timesnownews.com. Retrieved 2020-02-07.
  19. ^ Affordable Housing Should be Prioritised: Gruh Finance, retrieved 2020-02-07
  20. ^ "List of Awardees of ICAI Awards 2015" (PDF). Institute of Chartered Accountants of India.
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