HFCs have slowed down their loan disbursements | RealtyMyths

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Home loan interest rates increased by as much as 5-7% in the last. NBFCs and HFCs have seriously curtailed disbursements to developers.

Housing finance companies (HFCs) have slowed down their loan disbursements which can have a spill-over impact on retail home loan borrowers and property developers, says a research note. According to the report from India Ratings and Research (Ind-Ra), over the years, funding to developers has been significantly tightened.

DHFL, one of the key HFCs, on Saturday posted a net loss of Rs 2,223 crore in their March quarter results due to increased provisioning and slowdown in disbursements. The company has made repayments of over Rs 40,000 crore worth of debt obligations since September through non-core asset sales and securitisation of portfolios.

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Mumbai: Housing finance companies (HFCs) have slowed down their loan disbursements and this can have a spillover impact on both retail home loan borrowers and property developers, said India.

. Shah, an SME businessman, are still awaiting their loans to be disbursed.. One of the chief funding taps fuelling the growth of finance. The liquidity squeeze among NBFCs generally has brought to the fore how. The kind of growth we saw for NBFCs and HFCs (30-40 per cent) will slow down a notch.

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