MUMBAI (CU)_Since March last year, the COVID-19 pandemic has been ravaging economic activities of many countries across the globe, including India. The global health crisis, which cost the lives and livelihoods of millions of people, has also had a noteworthy impact on the country’s home loan portfolio, as default on borrowings increased, expanding the mortgage delinquency pool during this period.
Despite such challenges, India’s housing finance regulator revealed that the…