1. SWAMIH Fund Enables Completion of 50,000 Stalled Homes
Date: January 25, 2025
The SWAMIH Investment Fund I has emerged as a transformative initiative in India’s real estate sector, delivering over 50,000 homes to buyers by providing last-mile funding to stalled housing projects. This government-backed fund aims to revive delayed projects and boost buyer confidence in the real estate market.
2. Indian Banks Face Risks Amid Unsecured Retail Loan Stress: Fitch Ratings
Date: January 23, 2025
Fitch Ratings has expressed concerns about increasing stress in Indian banks’ unsecured retail loan portfolios, which could challenge projections for improved asset quality. The rating agency warns that rising delinquencies in personal loans…
