Live
- Wide-scale election campaign of Chintamaneni Prabhakar in Denduluru
- Is 'Kanguva' the Most Expensive Film Ever Made in Suriya's Career?
- Massive Support for BS Maqbool as Nomination Process Evokes Public Support in Kadiri Constituency"
- Raghurama Krishnam Raju Holds Election Campaign in Gollalakoderu, Garagaparru and Maipa Villages
- 100 People Join TDP from YCP in Srikalahasti, MLA Candidate Bojjala Venkata Sudhir Reddy Receives Warm Welcome
- KK Raju campaigns during morning walk at Port Stadium, urges voters to support YSR Congress Party
- Mega brother’s mother Anjana Devi unveils promising teaser of RK Sagar’s ‘The 100’
- "Vasupalli Ganesh Inaugurates 33rd Ward YCP Party Office
- ‘Family Star’ heads to OTT: This Vijay Deverakonda starrer makes digital debut
- Tamannaah Bhatia join the sets of ‘Odela 2’
HFCs' share in realty loans doubles since 2016: RBI
The loss of public sector banks' share in credit market, especially the realty sector, has been the gain for housing finance companies as their share saw doubling in the past three years to 23.81 per cent as of June 2019, according to the latest RBI data.
Mumbai: The loss of public sector banks' share in credit market, especially the realty sector, has been the gain for housing finance companies as their share saw doubling in the past three years to 23.81 per cent as of June 2019, according to the latest RBI data.
The share of builder loans has risen for non-banking lenders and private banks since 2016, as per the Financial Stability Report (FSR) based on the analysis of 310 companies, even as the proportion of public sector banks' (PSBs) exposure to this segment nearly halved.
Over the past four years, total financing to real estate companies nearly doubled to Rs 2.01 lakh crore, shows the FSR released on Friday.
Housing finance companies (HFCs) have doubled their share in builder loans to 23.81 per cent by June this year, compared with 12.17 per cent in June 2016.
Meanwhile, the share of private sector banks rose to 30.41 per cent from 23.62 per cent, while the exposure of PSBs nearly halved to 24.34 per cent as of June 2019, shows the FSR.
"While the aggregate exposure to real estate companies almost doubled to Rs 2.01 lakh crore, the aggregate share of HFCs and private sector banks increased, while public sector banks' aggregate share came down sharply," the report said.
