Blackstone-backed Aadhar Housing sees no need to raise capital for four years; bets on smaller towns to sustain growth

“Our capital adequacy today is upwards of 40%. Even if we keep expanding by around 50 branches every year for the next four years and grow at 20-22% annually, we do not need capital,” Rishi Anand, managing director and chief executive officer, said in an interview with Mint. “There is no capital raise on the anvil right now. We are sufficiently capitalized.”