It may be true that ‘when the going gets tough, the tough get going’, but this does not seem to hold true for the Indian real estate sector currently. The ongoing crisis in the … READ FULL STORY
Non-banking finance companies’ (NBFCs’) and housing finance companies’ (HFCs’) wholesale credit book, which includes real estate and infrastructure lending, is likely to grow at 21 per cent annually till 2020, said a report. Asset … READ FULL STORY
Despite a surge in delinquencies, lenders are increasingly focusing on the self-employed segment, to fuel home loan growth but there is a need to tread cautiously in this risky segment, given the massive spike … READ FULL STORY
Non-banking finance companies (NBFCs) and mortgage lenders, which control the lion’s share of developer loans, are using all the tricks in the marketing and finance trade books to help realtors, who are still reeling … READ FULL STORY
Delinquencies in the loan against property (LAP) market are set to rise 70 basis points (bps) to 3.3 per cent this fiscal, even as underlying risks stemming from moderating growth, intensifying competition and falling … READ FULL STORY
The overall housing credit as on March 31, 2017, stood at Rs 14.4 trillion, as against Rs 12.4 trillion as on March 31, 2016, indicating a growth of 16 per cent in the financial … READ FULL STORY
