Page 2 - Housing Finance Companies

NBFCs, HFCs securitisation volume doubled to Rs 33k cr in April-Jun: Report

Securitisation volumes originated by Non-Banking Financial Companies (NBFC)s and Housing Finance Companies (HFC)s have almost doubled to around Rs 33,000 cr in the first quarter of the current year

Life may get tougher for mid, small size HFCs amid rising rates: Analysts

Analysts warn that housing finance companies (HFCs), which cater largely to affordable housing segment, may see some margin erosion

Asset quality in NBFCs, HFCs improves in Q4FY22 on lower slippages: Icra

The standard restructured book of NBFCs is estimated to have reduced to 2.7-3 per cent in March 2022 from the peak of 4.5 per cent in September 2021

Affordable housing finance cos loan book to grow 17-20% in FY23: Study

Affordable housing finance companies' (AHFCs) loan book is likely to expand by 17-20% in FY23, supported by the government's higher focus on housing and a favourable tax regime, says a report.

Housing finance major HDFC pares 3% stake in Bandhan Bank for Rs 1,521 cr

According to bulk deal data available with the BSE, Housing Development Finance Corporation (HDFC) sold a total of 4,96,32,349 shares, amounting to 3.08 per cent stake, of Bandhan Bank

SBI inks co-lending pact with five HFCs for affordable housing

SBI expects to grow home loan book to Rs 7 trn by 2024

Third Covid-19 wave may knock-off 1-2% growth in HFC assets: Crisil

Growth would still be higher by about 1-2% over fiscals 2020 and 2021. But it would be slower than the broad-based 24% logged between fiscals 2011 and 2019

HFCs report 7.4% rise in Q2 net profit; net operating income up by 15.1%

Sequentially, 10 listed HFCs booked a 26.1 per cent growth in net profit over Rs 3,975 crore in June 2021 (Q1 of FY22)

Housing finance companies to grow at 8-10% in FY22, says report

Housing finance companies (HFCs) are likely to witness a growth of 8-10 per cent in fiscal 2022 helped by rise in economic and higher demand, says a report

BS BFSI Insight Summit: NBFCs ready to harness growth, says Vishwanathan

Says RBI deserves part of the credit because of strong regulatory framework

Indiabulls Housing Finance books Rs 500 crore of co-lending business

At the start of FY22, the mortgage lender tweaked the business model to incrementally focus on the co-lending space by sharing risks and loan book with other banks or housing finance companies

Market cautious on HFCs; concerns over growth, asset quality weigh

The major players all seem confident of fast revival in demand once conditions normalise

Lenders can realise Rs 55,000-60,000 crore from IBC cases in FY22

Large housing finance company resolution seen as key drive; second wave could cause delays and increase haircuts

NPAs of NBFCs, HFCs may rise to 4.5-5% by March 2022, says Icra

Restrictions in movements imposed by various states are likely to impact collections of NBFCs and HFCs, which may see NPAs rising to 4.5-5 per cent by March 2022, says a report

LIC Housing wins in valuation, but its asset quality a drag: Analysts

Lender's capitalisation may restrict growth and it's asset quality could be worse if a Supreme Court order is disregarded.

RBI issues directions for HFCs to maintain liquidity, asset classification

RBI 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 housing finance companies.

Home First Finance lists at 19% premium over issue price of Rs 518

The Rs 1,154 crore initial public offer (IPO) by the firm that ran between January 21-January 25 was subscribed 27 times

Budget Byte: NBFCs may need liquidity support from PSBs for commercial flow

This year, while housing finance has improved, preliminary data shows that NBFC flow to the commercial sector is lagging

RBI's regulation to improve risk management, governance of HFCs: Experts

The Reserve Bank of India's (RBI) revised regulatory framework for the housing finance companies (HFCs) will help them improve risk management and governance and thus become financially sound to withs

LIC Housing Finance biz back to pre-Covid levels: MD Siddhartha Mohanty

The business done by the company in September is not only better than the previous year but also the best for the company in the same period, he said.