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HOUSING FINANCE COMPANIES NEWS
Jan-Jun housing sales in top 8 cities at 9-year high; sales see 60% annual growth: Knight Frank
July 06, 2022 3:10 pm
Housing sales stood at 99,416 units in the first six months of 2021, the consultant said in its 17th edition of half-yearly report 'India Real Estate: Residential and Office Market H1 2022', which was released on Wednesday through a webinar.
Domestic housing sector set to grow in next 5 years: PNB Housing Finance
July 04, 2022 12:37 pm
India showed resilience and recovered quickly from the pandemic induced challenges, emerging as the fastest-growing economies in the world, Hardayal Prasad, Managing Director and CEO, PNB Housing Finance, said in his address to shareholders.
Housing finance firms comfortably placed to meet debt obligations, says ICRA report
June 08, 2020 5:49 pm
The total maturing debt of HFCs for 2020-21 is estimated to be Rs 2.9-3.2 lakh crore, of which Rs 1.4 lakh crore is accounted for by debt markets, rating agency ICRA said in the report.
Slippery slope
June 08, 2019 1:08 am
NBFC crisis could accentuate contagion risk in financial sector. Cabinet committee on investment and growth must address it.
NHB to HFCs: Share information on defaults of Rs 25 lakh and above
January 05, 2016 2:56 am
NHB framed guidelines to put in place a mechanism of sharing information on wilful defaults of Rs 25 lakh and above so as to ensure further funds are not made available to them.
Housing loans in villages is hot emerging market for banks
December 24, 2013 3:33 am
Private firms invested Rs 1,500 cr in rural housing in last two years.
RBI clamps down on easy money for developers
September 07, 2013 9:51 pm
The 80:20 scheme had benefited developers as they were getting funds at home loan rates. With the RBI restrictions finances would be dearer,pushing up construction costs at a time when demand is weak
NHB for easing ECB norms for HFCs
April 02, 2013 1:27 am
The National Housing Bank has proposed relaxing norms for external commercial borrowings (ECBs) for housing finance companies (HFCs) to enable more participants in raising resources
Sebi to relax mutual fund exposure norms for HFCs
October 13, 2012 3:01 am
Providing respite for housing finance companies,market regulator Sebi has decided to relax the investment limit for such entities in debt mutual funds.
Mutual funds investment cap to push up funding costs for NBFCs,housing finance cos: ICRA
October 03, 2012 6:05 pm
Sebi's directive for investment caps on debt mutual funds could adversely impact the funding costs for NBFCs and Housing Finance Companies.
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