Icra sees home finance market growing by 19% this fiscal
Agencies: Mumbai, Dec 03 2012, 17:34 IST
the asset quality front, it said home finance companies with a gross NPA of 0.77 per cent hold better portfolios than state-run banks whose gross NPA ratio stands at 1.61 per cent.
About market share, it said banks would continue to be a dominant player with a share of 65 per cent even though home finance companies are eating into their share through higher growth numbers.
The top three players in the home loan market, SBI, HDFC and ICICI Bank, command 48 per cent of the market share as of March, 2012, it said.
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