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As funds dry up, Housing Finance Companies cut down loan disbursements:

 

Top-rated non-banking finance companies (NBFCs) including Housing Finance Companies (HFCs) are staring at lower growth and higher credit costs this year as the Reserve Bank of India considers tighter regulations and markets become wary of finance firms with frothy valuations. 

Some NBFCs have already cut back a bit on disbursement targets this year as funding dries up, said experts and company insiders. Growth could be down 200-500 basis points for an industry that was thriving due to a lending slowdown by banks. 

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