Question
Keeping pace with economic growth of this country, the housing loan has been becoming a most lucrative and large marketable product of banking and non-banking
Keeping pace with economic growth of this country, the housing loan has been becoming a most lucrative and large marketable product of banking and non-banking financial institutionsICICI, HDFC,SBI,Andhra Bank are the leaders of house loans inAndhra region. It is observed that of late there is a mismatch between demand for and supply of house loans in this region with increasing demand for and less of supply of this financial service.
You are required to:
(a) List out common causes of this mismatch between demand and supply in India.
(b) Explain the strategies to match them
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