ICTACT Journal on Management Studies

Open Access Open Access  Restricted Access Subscription Access
Open Access Open Access Open Access  Restricted Access Restricted Access Subscription Access

Borrowers Attitude Towards the Housing Finance of Non-Banking Institutions in Theni District in Tamilnadu


Affiliations
1 Department of Commerce, Saraswathi Narayanan College, India
     

   Subscribe/Renew Journal


Housing, conceived as a set of services, is an important aspect of the environment that has a profound impact on the socio-economic, physical and psychological development of human beings. The present study is an empirical one based on the survey method. Though the study is empirical in nature, it is supported by secondary data. In the process of the analysis of the attitude of respondents towards the features of housing finance, Factor Analysis has been applied. It is used to identify and define the underlying dimensions in the variables discussed. To avoid such a situation, the Reserve Bank of India should give strict instructions to the housing finance institutions about the sanctity of the type of interest rate. It should issue guidelines regarding the operation of both the types of interest rate.

Keywords

Housing Loan, Financial Institutions, Borrower, Factor, Attitude
Subscription Login to verify subscription
User
Notifications
Font Size

  • N. Selvaraj and P. Balajikumar, “A Study on Socio-Economic Conditions of Members and their Attitude towards the Performance of Dairy Co-Operatives in Tamil Nadu, India”, Journal of Bioengineering and Biomedical Sciences, Vol. 5, No. 140, pp. 1-15, 2015.

  • P. Saravana, “Recent Experiences in the Housing Finance Sector: A Study with Reference to India”, International Journal of Research in Humanities, Arts and Literature, Vol. 7, No. 2, pp. 31-36, 2007.

  • N. Selvaraj, “Gap between Perceived and Desired Levels in Commercial Banks in Madurai”, Arts Social Science Journal, Vol. 7, No. 1, pp. 154-165, 2016.

  • Silky Vigg, Garima Mathur and Umesh Holani, “Customer Satisfaction in Retail Services A Comparative Study of Public and Private Sector Banks”, Journal of Finance and Marketing, Vol. 2, No. 3, pp. 127-133, 2018.

  • P. Moolchand and A. Rajpal, “Perception and Opinion of Home Loan Borrowers”, The Indian Journal of Commerce, Vol. 59, No. 4, pp. 1-14, 2006.

  • N. Selvaraj, “A Study on the Socio-Economic Background of the Entrepreneurs of Industrial Estates in Southern Districts of Tamil Nadu”, Journal of Political Sciences and Public Affairs, Vol. 2, No. 2, pp. 1-5, 2015.

  • Financial Express, “Sarfaesi Act Checks Bad Loan in Housing”, Available at https://www.financialexpress.com/industry/banking-finance/bad-loan-recovery-nbfcs-seek-govt-action-for-parity-with-banks-on-sarfaesi-act/331185/, Accessed at 2015.

  • N. Selvaraj, “Impact of Micro Credit on Household Income of Women in Madurai District, Tamil Nadu-A Study”, Arabian Journal of Business and Management Review, Vol. 5, No. 2, pp. 160-172, 2015.

  • K. Puja and A. Yukti, “Comparative Study of Customer Satisfaction in Indian Public Sector and Private Sector Banks”, International Journal of Management Science and Engineering, Vol. 2, No. 2, pp. 42-51, 2010.

  • P. Mengi, “Customer Satisfaction with Service Quality: An Empirical Study of Public and Private Sector Banks”, The IUP Journal of Management Research, Vol. 9, pp. 7-17, 2009.


Abstract Views: 175

PDF Views: 0




  • Borrowers Attitude Towards the Housing Finance of Non-Banking Institutions in Theni District in Tamilnadu

Abstract Views: 175  |  PDF Views: 0

Authors

N. Selvaraj
Department of Commerce, Saraswathi Narayanan College, India

Abstract


Housing, conceived as a set of services, is an important aspect of the environment that has a profound impact on the socio-economic, physical and psychological development of human beings. The present study is an empirical one based on the survey method. Though the study is empirical in nature, it is supported by secondary data. In the process of the analysis of the attitude of respondents towards the features of housing finance, Factor Analysis has been applied. It is used to identify and define the underlying dimensions in the variables discussed. To avoid such a situation, the Reserve Bank of India should give strict instructions to the housing finance institutions about the sanctity of the type of interest rate. It should issue guidelines regarding the operation of both the types of interest rate.

Keywords


Housing Loan, Financial Institutions, Borrower, Factor, Attitude

References