NHB's norms will not address credit risk of housing finance company: Moody's
NHB on March 4 proposed to increase the minimum capital adequacy requirement for housing finance companies (HFCs) to 15 percent in phased manner by March 31, 2022 from the present 12 percent.
The report said the NHB's proposed guidelines will benefit HFCs and lenders to the HFCs, particularly commercial banks, because the guidelines will help limit HFCs' credit growth. Reuters