The National Housing Bank is all set to introduce provisioning requirement for standard asset individual home loans. The move comes in as NHB feels that going forward there could be defaults in the housing loans space.
Following the news, the housing stocks took a hit.
Analysts believe that this may not have an immediate impact on housing loan companies because they have been prudently making higher provisioning or extra provisioning on their entire loan book.
Following the news, the housing stocks took a hit.
| Company Name | Last Price | Prev. Close | Change | % Change |
| 113.95 | 115.6 | -1.65 | -1.43 | |
| 235.5 | 243.95 | -8.45 | -3.46 | |
| 681 | 688.2 | -7.2 | -1.05 | |
| 230.85 | 234.05 | -3.2 | -1.37 |
Analysts believe that this may not have an immediate impact on housing loan companies because they have been prudently making higher provisioning or extra provisioning on their entire loan book.
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