Housing Finance cos-Cost to Income Ratio!

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Originally posted by EquityInv

Thanks Basantjee,

Got it! their most of income will be going in interest only so it make sense to consider non interest expense to measure them.

Got one more point to add in my excel sheet to value NBFC business.. 

Once the fixed cost gets distributed over a larger number of units and with scale this ratio is bound to come down.  