Banks are likely to get Rs. 6K-cr more from home loans on rising rates
According to a recent research report from Crisil the rising interest rates are likely to push up the equated monthly installments (EMIs) of home loan borrowers by Rs 6,000 crore annually. Reports said that the higher EMIs and a slowdown in economic growth will cause in the rise of non-performing assets (NPAs) of financiers. It… Read More »