In a CNBC-TV18 exclusive, the National Housing Board (NHB) which is the regulator for housing finance companies and has taken a decision to start introducing some provisioning of standard good assets of housing finance companies. This is set to impact standard asset individual home loans. The NHB says housing finance companies have to give 0.4% of total provisioning against retail home loans.
Keki Mistry, Vice Chairman and CEO of HDFC tells CNBC-TV18 that he has not received any intimation from the NHB on the provisioning of standard assets.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
