Lenders see no mortgage crisis here

Even as global markets look at India’s mortgage business with trepidation, financial sector leaders in the country have allayed fears over the housing finance business, thanks to black money. Lenders have not gained as much from the real estate boom because of increasing cash elements, but they may actually end up benefiting from any correction.

Lenders see no mortgage crisis here- Finance-Banking/ Finance -News By Industry-News-The Economic Times