Form N-CSRS Eaton Vance Floating-Rat For: Nov 30 streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
The housing finance sector in India has seen improvements in asset quality despite a sharp rise in interest rates over the past one-and-a-half years. Rising income levels offset higher monthly instalments, and there are no signs of stress from an affordability point of view with rise in housing prices and higher interest rates. PNB Housing Finance, which entered the affordable housing finance space 11 months ago, has 97% of its retail loan assets below Rs 1 crore ticket.
Favourable economic indicators and a steady interest rate environment have the potential to draw investments into the banking sector, fostering additional growth and advancement. With the anticipation of interest rates remaining stable, heightened interest is expected in the housing loan sector.