Thu, Jul 14, 2022
Rising interest rates, higher inflation and increasing cost of construction are likely to slow down growth of affordable housing finance companies in the current fiscal, a report said on Thursday.
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Mon, Apr 18, 2022
Total value of loan assets securitised by non-banking financial companies, including housing finance firms, grew by around 43 percent in the last fiscal year to Rs 1,25,000 crore, driven by quick economic recovery and lower base effect, a report said on Monday.
Thu, Mar 24, 2022
SBI said the partnerships are aimed at sanctioning home loans to the unserved and underserved sector in line with RBI guidelines.
Mon, Sep 20, 2021
As big banks reduced interest rates on home loans last week, the housing finance companies are also expected to cut rates on the same. This was confirmed by Zee Business Special Correspondent Anurag Shah, who cited sources while speaking to Managing Editor Anil Singhvi on Monday.
Thu, Jul 02, 2020
With a view to improving the liquidity position of NBFCs as well as HFCs, Modi government has launched a Rs 30,000 crore Special Liquidity Scheme on July 1, 2020 through a Special Purpose Vehicle in the form of SLS Trust set up by SBI Capital Markets Limited (SBICAP).
Thu, Sep 19, 2019
The announced special window of Rs 10,000 crore will benefit us a lot as our lending portfolio is limited to affordable housing segment, but it will not have any major impact on the entire sector, says Yashpal Gupta, MD & CEO, Repco Home Finance, during an interview with Zee Business
Tue, Jun 25, 2019
Experts have been positive about HDFC and believe that the company will continue to gain market share, thereby maintaining leadership in the HFC sector.
Sun, Mar 24, 2019
Following the September 2018 liquidity crisis triggered by the bankruptcy of IL&FS, with a slowdown in the HFCs' credit growth, banks have been quick to seize the opportunity, the agency said.
Mon, Mar 11, 2019
Volatility in the debt financing markets is a key risk for the HFCs because short-term funding is increasing and is used to fund long-dated assets. Additionally, these companies maintain very little backup liquidity, it noted.
Wed, Jan 16, 2019
Non-Banking Corporations and Housing Finance Corporations of India are expecting ease in credit amounts and allowance for issuing retail bonds to home buyers. The better services and more credit from the government can help the firms fetch better revenue figures.
Fri, Jun 23, 2017
The agency anticipates a demand for 25 million homes, which is nearly four times of the entire current housing finance stock, over FY17-FY22 in the medium and lower income group categories.
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