Page 2 - Housing Finance Cos
After IL&FS crisis, Covid-19 makes NBFCs struggle despite RBI actions
While bank credit to NBFCs has seen a rise of 30 per cent year on year, credit has mostly flown into larger NBFCs with good parentage and ones with better ALM positions.
 "After IL&FS crisis, Covid-19 makes NBFCs struggle despite RBI actions")
Economic Survey launches 'Health Score' to detect liquidity issues in NBFCs
The Economic Survey on Friday unveiled an early-warning system, 'Health Score', that could read signs of impending rollover risk problems in the non-banking finance sector. The IL&FS crisis following debt defaults in 2018 had led to a contagion in the domestic non-banking financial company (NBFCs) sector. The 'Health Score', developed for NBFC and housing finance company (HFCs) sectors, can help detect early-warning signals of impending liquidity problems facing the companies in the sectors. The Survey, presented in Parliament by Finance Minister Nirmala Sitharaman on Friday, said the Health Score could be used to provide early warning signals of impending rollover risk problems in the NBFC sector and help set prudential threshold of permitted funding to the sector. A sudden payment default without any prior warning by Infrastructure Leasing and Financial Services (IL&FS) in August 2018 had triggered panic and caused liquidity crisis in the NBFC sector. Quoting the recent ...
 "Economic Survey launches 'Health Score' to detect liquidity issues in NBFCs")
Housing finance market overcrowded: Arundhati Bhattacharya
According to data shared by her, major cities having got a record inventory - the highest being 65 months in Noida and the lowest being 29 months in Hyderabad - highlighting the slump in demand
 "Housing finance market overcrowded: Arundhati Bhattacharya")
HFC portfolios are vulnerable as share of non-housing loans rising: Icra
The report covered various portfolio cuts of 28 HFCs
