Loan Against Property portfolio entering into delicate phase

Until last year, delinquencies in India’s loan against property (LAP) portfolio have been modest for non-banking financial institutions (NBFCs). But the delinquencies in LAP could increase in the next four quarters, reported India Ratings and Research (Ind-Ra). The report stated that it could even exceed 5 per cent for few NBFCs on a static basis. The rating agency analysed the […]

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