Housing Finance Companies

Friday, Apr 19, 2024 | Last Update : 07:11 AM IST

housing finance companies

HFCs take a beating after RBI’s repo diktat

Banks are grappling with high deposit costs and are also burdened with about $150 billion in stressed assets.

06 Sep 2019 1:42 AM

The partial guarantee would help rework the Asset Liability structure within three months to have positive Asset Liability Management in each bucket for the first three months and on cumulative basis for the remaining period.

Govt issues guidelines for Rs 1-lakh cr partial guarantee scheme for NBFCs

NBFCs, including HFCs, came under stress following series of defaults by group companies of IL&FS in September last year.

14 Aug 2019 8:56 AM

Liquidity could ease post-the budget announcement of pooled asset purchase of Rs 1 lakh crore by PSU banks, the benefits of which are expected to be visible from H2FY20.

NBFCs: No visible signs of recovery

NBFC margins may be affected by higher share of fixed rate book and higher costs.

12 Jul 2019 1:52 AM

Large HFC, NBFC failure to pose contagion risk

The country’s financial system “remains stable” despite some recent “dislocation”.

28 Jun 2019 2:41 AM

Global rating agency Moody's Investors Service on Tuesday placed Yes Bank’s foreign currency issuer rating of Ba1 under review for downgrade.

Moody’s puts Yes Bank under rating review

The move comes a day before the bank’s annual general meeting scheduled on Wednesday.

12 Jun 2019 2:20 AM

The shares of Reliance Capital and M&M Finance slumped over 7 per cent each on Wednesday.

Sensex slumps on liquidity woes

The Sensex slumped 382.90 points or 1.09 per cent to end at 34,779.58.

18 Oct 2018 1:11 AM

Bank of Baroda on Tuesday said it's loan account to debt-laden Infrastructure Leasing and Financing Services (IL&FS) continues to remain standard at present.

IL&FS loan account remains standard, says Bank of Baroda

The state-run lender said it continues to lend to non-banking financial companies and housing finance companies.

09 Oct 2018 7:00 PM

1,500 points swing was recorded in Sensex before it settled the day at 279.62 points, or 0.75 per cent lower at 36,841.60.

Sensex witnesses flash crash

Plunges 1,500 points, recovers later to end the day 280 points down; DHFL, Yes Bank tank 42% and 29%..

22 Sep 2018 2:14 AM

The underlying asset quality in this segment is also getting better and Crisil expects profitability metrics to tick up post the current transition period.

NBFCs, HFCs defy pressure, likely to gain market share

Wholesale finance is an evolving area where a number of NBFCs have entered over the past five years, many of which have strong parentage.

24 Nov 2017 1:14 AM

Housing finance companies might find it challenging to expand their portfolio in the large ticket housing segment.

Savings bank rate cut to up competition for HFCs from banks

HFCs will face a margin contraction in this segment limiting the spreads to absorb all the costs.

18 Aug 2017 7:02 PM

Currently, the affordable housing AUM is around Rs 1.5 trillion. (Representational Image)

Affordable housing finance space to grow to Rs 6 tn by FY22

Ind-Ra expects the sector to attract over Rs 200 billion of equity inflows over FY17-FY22 which would support growth.

23 Jun 2017 8:34 PM

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Mohan Guruswamy