Edelweiss CEO Radhika Gupta identifies illiquidity risk in property assets as a major concern for senior citizens.

Edelweiss CEO Radhika Gupta identifies illiquidity risk as a more significant issue for senior citizens than equity or debt concerns. She highlights three common scenarios that hinder senior citizens' ability to convert property assets into liquidity: tenants not vacating houses, unfavorable property markets, and cash-heavy transactions. This issue is expected to become more pressing as India's aging population drives demand for senior care and housing facilities.

August 12, 2024
4 Articles