BFSI Summit: 'Supply pressure for affordable housing despite strong demand'

Q: How long will it take to read this news story?

The story "BFSI Summit: &#039;Supply pressure for affordable housing despite strong demand&#039;" has 762 words across 34 sentences, which will take approximately 4 - 7 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "BFSI Summit: &#039;Supply pressure for affordable housing despite strong demand&#039;" was covered 5 hours ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 335 news stories per day. It's most recent story was published 3 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23464200</li><li>URL: https://beamstart.com/news/bfsi-summit-supply-pressure-for-17310031267657</li></ul>

Business Standard Logo Business Standard 5h ago

BFSI Summit: 'Supply pressure for affordable housing despite strong demand' - Business Standard

Quick Summary:

The Reserve Bank of India (RBI's) had said that housing finance companies find the pre-payment penalty imposed as a challenge for the lenders.

He said, “The stock of affordable housing is limited, and if developers do not step in to fill the gap, prices will inevitably rise, exacerbating the affordability crisis.

I would personally think that there are no regulations which are detrimental to the affordable household finance company in comparison with a regular housing finance company.