Home loan origination volumes decline 9% in June quarter, says report ...Middle East

Business Standard - Economy

Home loan originations dropped 9 per cent in the June quarter, according to a report released on Monday. From a value perspective, quantum of home loan originations was at par with the year-ago period, the report by credit information company Transunion Cibil said. The outstanding balances on home loans grew only 14 per cent during the quarter, making it the slowest growth across all categories which constitute retail lending, the report said. Interestingly, the decline in origination volumes and the sluggish growth in outstanding balances came at a time when the incidence of non-payment of loans reduced during the quarter, the report said, pointing out that the advances overdue for over 90

Hence then, the article about home loan origination volumes decline 9 in june quarter says report was published today ( Monday 23/09/2024 - 05:44 PM ) and is available on Business Standard ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Home loan origination volumes decline 9% in June quarter, says report )

Last updated : 23 September 2024 clock 05:44 PM

Also on site :

Home loan origination volumes decline 9% in June quarter, says report ...Middle East

AI App Builder HappySeeds Turns One Creator's Idea Into a Playable Football Game -- No Dev Team

China proposes new amendments to Gold import, export regulations

Four Black women. Nine degrees. Not one steady paycheck.

Egypt, Afreximbank discuss expanding partnership to support startups

Dollar hits 13-month high as foreign investors overlook worries about Trump

China Defies US Restrictions and Builds the World’s Fastest Supercomputer

LEORON Institute strengthens Saudi Arabia’s leadership with two senior appointments

The $7 Trillion AI Boom Is Turning Into The Energy Trade of the Century

China Is Quietly Winning the Clean Energy Trade War

NASA Eyes Moon Base Powered by Solar Panels and Nuclear Reactors

Gambia: Trade Minister Says Employment Increased By 163,660 Since 2023

Eightco Holdings (NASDAQ: ORBS) dichiara un patrimonio complessivo di circa 436 milioni di dollari, tra cui OpenAI, Beast Industries, oltre 16.000 ETH e più di 283 milioni di token WLD

The AI Power Crisis Is Creating a Massive New Market for Fuel Cells

Local investment institutions increase Purchases on Muscat Stock Exchange

Investment min: Faster customs clearance key to improving business climate, economic competitiveness