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HFCs loan book to grow 8-10% in FY22, stress levels to stay elevated: Icra

GNPAs of housing finance companies to be 50-100 bps higher in FY21: ICRA

Housing finance companies likely to witness growth of 8-10% in FY22: Report

Housing finance companies likely to witness growth of 8-10% in FY22: Report
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As Covid cases surges, microfinance industrywary of the impact on its collection efficiency

As Covid cases surge, microfinance industry wary of the impact on its collection efficiency April 08, 2021 × Disbursements to new customers may also be impacted if field operations are affected due to increase in restrictions in certain regions The microfinance industry, which has been inching towards pre-Covid levels – both in terms of disbursements as well as quality of portfolio – now seems a little wary of the impact of the sudden surge in Covid-19 cases on its collection efficiency. Any impact on collections may also hurt growth in disbursements, as fresh loans to existing customers will only be sanctioned as and when they foreclose the previous loan.

Missed application deadlines, loss of income: Impact of the internet shutdown in Haryana

Missed application deadlines, loss of income: Impact of the internet shutdown in Haryana Though some felt it was for their ‘safety’, others asked what internet shutdowns say about ‘Digital India’. 23 Feb, 2021 Mohit Rana doesn’t have the heart to tell his parents that he was unable to apply for the staff selection commission-combined graduate level exam. “They won’t understand,” he said. “They will ask me why I didn’t submit the application on time.” But Mohit, a resident of Haryana, had tried his best. The SSC-CGL exam, conducted by the central government to recruit staff for various government posts, opened its application process on December 29. The last date to apply was January 31, and applications could only be submitted online.

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