ICRA flags need to monitor asset quality as loan book expands for affordable housing finance firms
The loan book for affordable housing finance companies (AHFC)s is expected to grow by 17-20% in FY2023, rating agency ICRA said in a report. But, it also warned that asset quality needed to be monitored. It said loan book growth would be driven by factors such as ‘the largely underpenetrated market, favourable demographic profile, government […]
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