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Gross NPAs of HFCs are estimated to increase to 2.5-3% in FY21: Icra

The situation in the non-housing segment is expected to be worse

Topics
Gross NPAs | Non-performing assets | Lockdown

Abhijit Lele  |  Mumbai 



Housing finance, loans, home, NBFC, IBC, realty, real estate
Supreeta Nijjar, vice-president of financial sector ratings at the firm, said home loans are expected to show higher resilience on the asset quality front vis-à-vis other asset classes owing to their secured nature and majority also being self-occupied.

With severe economic disruptions impacting cash flows of borrowers, the asset quality of companies (HFCs) is likely to worsen, said rating agency on Friday.

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First Published: Sat, June 27 2020. 02:23 IST

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