Reliance Home Finance lenders staring at nearly 80% haircut

Reliance Home Finance lenders staring at nearly 80% haircut

Creditors are choosing between Hong Kong-based distressed asset specialist Ares SSG and locally listed NBFC Authum Investment and Infrastructure.

Small-ticket lending is increasingly moving out of larger metros, with 70% of disbursals from smaller cities and towns. Besides, the preference is for small-size loans of up to ₹25,000. Personal loans have gone up from 10% in 2017 to 60% in 2020, the report noted.

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