Housing Finance

Affordable housing financiers face slower growth, higher delinquencies and weak branch productivity despite strong demand, even as falling CoF supports spreads and valuations turn attractive

Even as PNB Housing Finance readies to appoint a new MD & CEO, the lender reports steady growth in Q2 FY26 with improving asset quality and rising disbursements

The National Housing Bank's residential housing price index (NHB Residex) showed positive momentum in the first quarter of FY26

On September 29, 2025, ICICI Prudential Mutual Fund has purchased 4.35 million equity shares representing 0.52% of total equity of Sammaan Capital on the NSE via open market.

The move aims to advance green affordable housing and expand sustainable financing for property developers in India

Shares of PNB Housing Finance saw a sharp decline after the resignation of MD & CEO Girish Kousgi, effective October 2025, sparking market concerns and uncertainty

RBI's rate cuts and revised lending norms could help a segment that developers have largely ignored

The base issue size is ₹500 crore, with an additional green-shoe option of ₹250 crore

Bank of Baroda has cut home loan rates by 40 basis points, with revised rates starting at 8 per cent and linked to borrower credit scores; added concessions offered

Roshni is a product of PNB Housing Finance which promotes affordable housing, especially among first-time buyers

With public banks dominating the segment, RBI's revised PSL cap may push banks towards higher-ticket loans, as underwriting costs stay the same regardless of loan size or risk

Says all money recovered from fraudulent transactions must be paid to Piramal

Sundaram Home Finance, a wholly owned subsidiary of non-banking finance company Sundaram Finance Ltd, has expanded its presence under the Emerging Business segment in the city, aiming to disburse Rs 50 crore over the next 12 months in the Chennai zone. The company inaugurated a new branch in Ambattur after establishing its first branch in Tambaram in January this year. In the Chennai zone, the company expects to register disbursements of Rs 50 crore. Sundaram Home Finance has already clocked disbursements of over Rs 200 crore in the Emerging Business segment and is looking to double this amount over the next 12 months, the company said. Commenting on the inauguration of the Ambattur branch, Sundaram Home Finance MD D Lakshminarayanan said, "Ambattur is rapidly growing into a separate township with increasing industrialization and a large number of manufacturing and IT firms in the area. We have been witnessing fast-paced infrastructure development in and around Ambattur." "In addit

The residential properties market remains buoyant, a key driver of the housing finance industry, with an absolute growth of 74 per cent since calendar year (CY) 2019

Aadhar Housing Finance on Thursday reported a 17 per cent increase in net profit to Rs 239 crore in the December quarter. The housing finance company earned a profit of Rs 204 crore in the same quarter a year ago. Total income during the third quarter of the current fiscal grew to Rs 785 crore from Rs 659 crore in the year-ago period, Aadhar Housing Finance said in a regulatory filing. During the quarter, interest income improved to Rs 714 crore compared to Rs 579 crore in the same period a year ago. Total expenses increased to Rs 478 crore against Rs 398 crore a year earlier. Gross non-performing assets declined to 1.36 per cent as of December 31, 2024, compared to 1.40 per cent at the end of the third quarter of the previous financial year. The mortgage firm's Asset Under Management (AUM) grew by 21 per cent to Rs 23,976 crore from Rs 19,865 crore as of December 31, 2023.

On the bourses, LIC Housing Finance soared as much as 2.85 per cent to hit an intraday high of Rs 573.65 per share

The RBI also appointed Ram Kumar, the former chief general manager of state-run Punjab National Bank as the administrator for Aviom

Aviom India Housing Finance caters to low-income households in semi-urban areas and provides loans to women borrowers who do not have any formal income documentation

The northward move in Aadhar Housing share came after foreign brokerage Citi Research initiated coverage with 'Buy' for a target price of Rs 565 per share

Says he expects a fall in the cost of funding after the acquisition amid stronger capital position and better credit rating