New Delhi, Aug. 3 -- Aadhar Housing Finance, a Blackstone-backed lender, is sufficiently capitalized to support planned expansion and annual loan growth of about 20% and does not expect to raise fresh capital for at least the next four years.

"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."

The company plans to add about 50 branches during FY27, taking its network beyond the current 628 branches. The expansion will be concentrated...