• हिन्दी
  • ગુજરાતી
  • বাংলা
  • తెలుగు
  • मराठी
  • ಕನ್ನಡ
  • money9
  • Insurance
  • Saving
  • Mutual Funds
  • Mirae Asset MF
  • Breaking Briefs
downloadDownload The App
Close
  • Home
  • Videos
  • Podcast
  • Banking
  • Bulletin
  • Gold
  • Healthcare
  • Real Estate
  • Tax
  • Travel
  • Survey 2023
  • Survey Report
  • Breaking Briefs
  • Insurance
  • Savings
  • Loan
  • Crypto
  • Investment
  • Mutual Funds
  • Real Estate
  • Tax
  • Exclusive
  • Home / Banking

NBFC loan disbursements reach pre-Covid levels

With the easing of restrictions and decline in cases, the fresh loan disbursements in the second quarter of FY 22 have reached the pre-Covid levels.

  • Money9
  • Last Updated : September 20, 2021, 11:40 IST
  • Follow
Growth in home loans came from both the affordable housing segment as well as high-end properties
  • Follow

The NBFCs had witnessed tepid growth in April-June, 2021, after the second wave of Covid-19. However, with the easing of restrictions and decline in cases, the fresh loan disbursements in the second quarter of FY 22 have reached the pre-Covid levels.

Renu Sud Karnad, MD, HDFC said, “Growth in home loans came from both the affordable housing segment as well as high-end properties.” In a non-quarter end month, disbursements in July were recorded as the highest, as per HDFC.

Y Viswanatha Gowd, MD and CEO of LIC Housing Finance, said that the value of house ownership has been revived owing to the Covid-19 pandemic. He added, ” The concept of work-from-home is also fuelling the need and creating a demand for larger spaces as a subset.”

Shriram Housing Finance reached Rs 650-700 crore mark in July-September, 2021 as it disbursed more fresh home loans. Earlier in the April-June quarter, it was Rs 220 crore. “We have already reached the pre-Covid levels of disbursement of loans,” Ravi Subramanian Its MD and CEO of Shriram Housing Finance, added.

M&M Finance saw a 57% YoY growth in disbursement at Rs 2,150 crore in August. In July Indiabulls Housing Finance’s fresh loan disbursements delivered impressive growth month-on-month.

Published: September 20, 2021, 11:40 IST

Download Money9 App for the latest updates on Personal Finance.

  • banks
  • Covid-19
  • interest rates on loans

Related

  • बैंक कर्ज वृद्धि धीमी पड़कर 4.9 प्रतिशत पर: आरबीआई
  • PSU के लिए शेयर बाजार से हटने को स्वैच्छिक ढांचा लाएगा SEBI, एफपीआई नियम होंगे सरल
  • केनरा बैंक ने सभी बचत खातों में न्यूनतम शेष पर जुर्माने को खत्म किया
  • SBI ने FD पर ब्याज दर में 0.20 प्रतिशत की कटौती की
  • बैंक ऑफ महाराष्ट्र ने रिटेल लोन दरों में 0.25 प्रतिशत की कटौती की
  • इंडसइंड बैंक का बड़ा कदम, डेरिवेटिव अकाउंट में मिली गड़बडि़यों की वजह पता करने के लिए पेशेवर कंपनी की नियुक्त

Latest

  • 1. Know the correct way to get KYC done!
  • 2. Why health insurance claim gets rejected?
  • 3. Power to Respond!
  • 4. What is Asset Under Management?
  • 5. No Worries on Medical Expenses!
  • Trending Stories

  • आयकर रिफंड में 2013-14 से 474 प्रतिशत की वृद्धि, पिछले 11 वर्षों में जारी करने का समय हुआ बेहतर
  • वेतन वृद्धि टीसीएस की प्राथमिकता; लाभप्रदता के साथ वृद्धि पर ध्यान: सीएफओ
  • डीएलएफ के पास बाजार की आकांक्षी जरूरतों को पूरा करने के लिए मजबूत पाइपलाइन: चेयरमैन
  • बिट्स पिलानी विस्तार, अमरावती में नए परिसर पर 2,200 करोड़ रुपये का निवेश करेगा
  • एयर इंडिया पायलटों के साथ विमान दुर्घटना की प्रारंभिक रिपोर्ट की समीक्षा करेगी
  • TV9 Sites

  • TV9 Hindi
  • TV9Telugu.com
  • TV9 Marathi
  • TV9 Gujarati
  • TV9 Kannada
  • TV9 Bangla
  • News9 Live
  • Trends9
  • Tv9tamilnews
  • Assamtv9
  • Malayalamtv9
  • Money9 Sites

  • Money9 Hindi
  • Money9 English
  • Money9 Marathi
  • Money9 Telugu
  • Money9 Gujarati
  • Money9 Kannada
  • Money9 Bangla
  • Money9live
  • Topics

  • Insurance
  • Savings
  • Loan
  • Stocks
  • Mutual Funds
  • Real Estate
  • Tax
  • Crypto
  • Exclusive
  • Follow us

  • FaceBook
  • Twitter
  • Youtube
  • Instagram
  • Linkedin
  • Download App

  • play_store
  • App_store
  • Contact Us
  • About Us
  • Advertise With Us
  • Privacy & Cookies Notice
  • Complaint Redressal
  • Copyright © 2025 Money9. All rights reserved.
  • share
  • Facebook
  • Twitter
  • Whatsapp
  • LinkedIn
  • Telegram
close