Indians are great in savings, but when it comes to investment and debt raising they
are very unorganized and illogical. There is huge potential of growth in this segment
both in terms of quantity and quality. In a country of over 1.3 billion people,
there are less than 10 million mortgages outstanding—most with very low balances
Indias Housing Mortgages as a Percentage of GDP Compared to Select Countries
And aggregate debt of the country as a percentage of GDP is relatively low at 128%
for India versus 175% for emerging markets as a group, 244% for the U.S., 249% for
China, 257% for the Eurozone and 379% for Japan.
Narnolia Capital Advisors Ltd, a NBFC and wholly owned subsidiary of the group,
provides wide range of debt related products at competitive terms like, margin funding,
loan against shares/Mutual funds/Properties and also investment related products
like, share pledging.