RBI Proposes Stringent Norms for Housing Finance Companies on Public Deposits
The Reserve Bank of India (RBI) has put forth proposals to tighten regulations for housing finance companies (HFCs), focusing on aspects such as maturity periods for public deposits and enhanced liquid asset requirements. The draft circular, open for comments until…
Indian Retail Loans Overview, Equifax and Andromeda report
As much as 34 lakh home loans totaling Rs 9 lakh crore were disbursed during the year ending December 2022 of which the less than Rs 25 lakh ticket size category accounted for the maximum number of disbursals, revealed a…