Housing loan collections remained strong, says the rating agency
The disruptions caused by Covid-19 moderated the portfolio growth to 6% in FY 2021
Some banks charge slightly higher interest rates on home loan for non-salaried persons.
The RBI, through a circular, extended the provisions issued for NBFCs to housing finance companies (HFCs) also.
ICRA said with revival in demand for housing credit in the industry in the last two quarters, most of the HFCs have already reached near pre-Covid lev