Tag Archives | asset quality

NHB sounds warning on home loans

The National Housing Bank (NHB), which regulates housing finance companies (HFCs), has asked lenders to keep a close watch on delinquencies as rising interest rates may undermine the repayment capacity of borrowers and erode asset quality. It asked them to pass on interest rate increases gradually and to take into account the impact on both existing and prospective borrowers at a meeting this week with chief executives of HFCs. “We are sounding a note of caution to the HFCs. With interest … Tweet

Continue Reading 0