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4 5% of customers have not paid single EMI under loan moratorium: Repco Home

videos | Nov 17, 2020 10:25 AM IST

4-5% of customers have not paid single EMI under loan moratorium: Repco Home

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4-5 percent of customers have not paid a single EMI under loan moratorium, said Yashpal Gupta, MD & CEO of Repco Home Finance in an interview to CNBC-TV18.

4-5 percent of customers have not paid a single EMI under loan moratorium, said Yashpal Gupta, MD & CEO of Repco Home Finance in an interview to CNBC-TV18.

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He further said that growth in assets for the first half of the year was 5 percent as the June quarter had been a washout.
“We expect better assets under management (AUM) growth in next 2 quarters,” Gupta said.
According to him, Q3 and Q4 will be better than the first half and expects 8-9 percent growth for FY21.
“Competition from banks has impacted growth,” he said.
On collection, he said recovery was expected to improve further.
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