Motilal Oswal takes charge of Aspire amid talks of rift among co-founders

Co-founder of eponyms firm says selection of wrong people has impacted housing finance venture

Motilal Oswal, co-founder of Motilal Oswal Financial Services, has stepped up efforts to revive the mortgage business — Aspire Home Finance Corporation.

People in the know say the move came after the housing finance firm failed to take off in the anticipated manner, which created a rift between co-founders of the brokerage firm. 

However, Oswal has refuted talks of a split with co-founder Raamdeo Agrawal. He said there is bound to be difference of opinion but they will always do what is best for the business. 

“Spilt never came to mind as the role of both founders is quite independent. There is no