The Economic Times

Affordable housing lenders need new branches, catchments as mature outlets see growth stagnation: Report

Affordable housing finance companies are experiencing stagnating growth and need to enter new markets for sustainability. Their existing branches are becoming more penetrated, necessitating branch additions in new areas. Despite this, demand remains robust, with healthy expectations for disbursement improvements. Increasing competition from unlisted companies and larger NBFCs poses significant challenges in the sector. Additionally, employee attrition is affecting customer retention across many regions monitored.