While HFCs are expected to regain their profitability and growth trajectory in FY22, rising Covid-19 infections and localised lockdowns remain a concern area
Housing Finance Companies (HFCs) will post a higher growth at 10 per cent as home sales go up
The RBI, on Wednesday, came out with a slew of directions related to maintenance of liquidity coverage ratio, risk management, asset classification and loan-to-value ratio, among others, for HFCs
With this Piramal succeeds in getting the requisite 66 per cent voting, says source
Offer includes deferred payment, cash with HFC
In this podcast, Business Standard's Sanjay Kumar Singh demystify the process of choosing your lender. Tune in to know more
Lenders must meet 60% ratio by March 2024; loans for furnishing dwelling units to be treated as non-housing loans
Stocks of housing finance companies gained ground post the RBI policy on Friday. Will the up move sustain? Here's what technical charts say
In Mumbai, reduced stamp duty and low interest rates get customers interested in property
It has revised its outlook for tractor loans to stable for the second half of 2020-21 from negative
The RBI on August 6 revised norms for opening of current accounts by banks, in order to strengthen credit discipline
At the portfolio level, AA and AA- investment sub-portfolio under the Scheme should not exceed 50 per cent of the total portfolio of bonds/CPs
The Reserve Bank of India (RBI) has provided funds for the scheme by subscribing to government-guaranteed special securities issued
In March, the RBI had announced a moratorium on repayment of term loans till May 31. It was later extended for another three months.
The company is cautious on lending to construction, gems and jewellery, hospitality and aviation sectors, says executive
To address the liquidity challenges faced by NBFCs, HFCs and MFIs, the government had announced a special liquidity scheme of Rs 30,000 crore
The scheme was launched on July 1
Though moratorium on loan repayment is available for developers till August this year, developers could struggle to repay money to lenders, say experts
NBFCs likely to face heightened pressure with NPAs touching 7-9.5%; HFCs will be better off with NPAs expected to touch 3.4-4.8%
Shah said that interest subvention is the "need of the hour"