The liquidity situation of housing finance companies (HFCs) and the NBFCs may lead to slow down in credit disbursement in the second half of FY19, thereby impacting the overall credit growth in the current fiscal.
According to Rating agency Icra, consequent to factors such as tight liquidity, intense competition and other risks, the domestic HFCs may witness slowdown in their housing credit growth during H2FY19, which may affect their overall growth during FY2019. The total housing credit outstanding stood at Rs 17.8 trillion; thereby registering a 17 per cent growth for the ...
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