Even as housing loan growth slow,affordable housing yet a bright spot

By Accommodation Times Bureau Housing credit growth moderated to 16% in 2016-17 as against 19% in 2015-16, the affordable housing segment holds promise, according to rating agency ICRA report.The report said that lowering of interest rates and various government initiatives —Prime Minister Awas Yojana (PMAY), according infrastructure status, to boost affordable

Credit exposure to the Roads Sector

According to ICRA,the banking sector’s credit exposure to the roads sector in August 2016 stood at Rs. 1.8 trn, growing at a CAGR of 14% over the last five years. Fresh loan disbursements to road developers slowed down In contrast to posting 20%+ growth for several years till FY2014, the deployment of credit by