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Microfinance on road to recovery and housing loans remain stable say Moody's & ICRA report

Microfinance on road to recovery and housing loans remain stable say Moody's & ICRA report

Jan 08, 2018, at 09:24 pm

Singapore/New Delhi, Jan 8 (IBNS): Moody's Investors Service, in a recent report, said that India's structured finance market will show a varied performance in 2018, with some stress evident in asset-backed securities (ABS) deals backed by loans against property to small- and medium-sized enterprises (SMEs) following the introduction of a goods and services tax (GST) in July 2017.