Digital lending platform and footprint will be the enabler:
Reliance Home Finance provides a wide range of solutions like home loans, affordable housing loans, loans against property (LAP) and construction finance. The company has a strong distribution network, through a ‘hub and spoke’ model, across the country, serving over 45,000 client accounts.
The total disbursements by the company stand at ₹8695 crore (US$ 1.3 billion), a yoy increase of 19%. In FY18, the company had disbursed ₹14.91 billion across 14,400 cases in affordable housing (growth of 40% yoy) and ₹23.36 billion across 4700 cases in home loan products (growth of 14% yoy). As much as 75% of its home loan disbursements are made for the self-employed class. The average ticket size of affordable housing loan is about ₹13 lakh and that of home loans is ₹61 lakh.
COUNTRYWIDE SPREAD
Ravindra Sudhalkar, ED & CEO, shares the geographic spread: “Our portfolio is spread across the country with a focus in the west, which contributes 60% of the portfolio. North and south combined add another one third to the portfolio.”
MEDIUM TERM OUTLOOK
Denne historien er fra May 2018-utgaven av Banking Frontiers.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra May 2018-utgaven av Banking Frontiers.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
Finance gears up for festivities
BFSI companies are charging their online and omnichannel strategies with personalized festive deals this season:
Non-cash transactions can touch a phenomenal level by 2028
Capgemini Research Institute’s World Payments Report 2025 highlights the era of account-to-account an instant payments:
The Confluence of Artificial Intelligence and Cybersecurity: AI as the Game Changer
In an increasingly interconnected world, safeguarding our digital assets has become paramount. Enter the dynamic duo: Cyber security and Artificial Intelligence (AI).
A new trinity in digital lending space
Three platforms in the lending space are poised to change the way lenders offer credit and borrowers access funds in India:
Finance gears up for festivities
BFSI companies are charging their online and omnichannel strategies with personalized festive deals this season:
Small MFI, International Engagements
Mitrata Inclusive Financial Services in the midst of transformation growth
MFIs: Big Impact Big Changes,
Even as MFIs are fueling economic growth for the underprivileged, what is interesting is that they are transforming themselves in areas like HR, technology, funding, leadership, collections, and more. Banking Frontiers presents the initiatives and initiatives at 9 such organizations:
Climate Risk Forum for CROS
Excerpts from a discussion on shaping the future of climate change resilience in India:
Seamless Supply Chain Finance
Deep insights emerge from this fireside chat at NBFC's Tomorrow Conclave.
Star Health sees strong demand from the IT sector
Biju Menon, Chief Business Officer at Star Health Insurance, looks at the evolution of employee health insurance from multiple perspectives:
