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NHB sounds warning on home loans

… assets to loans is around 1% for HFCs. Rising interest rates haven’t had an impact on asset quality, said Anil Sachidanand, chief executive officer of Dewan Housing Finance Corp. Ltd. “The quality of assets to a large extent depends on the quality of the origination,” he said. “We do adequate due diligence while sanctioning loans.” Interest rates levied by HFCs have risen to 11-11.25% from 8.5% in the past year, raising monthly instalments, said Anil Kothuri, … Tweet

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