Tue, Jan 16, 2024
Global brokerage Morgan Stanley said that the RBI has announced norms aligning HFCs with other NBFCs. Highlighting the measures, the brokerage said the ceiling for public deposits held by HFCs is reduced to 1.5x net-owned funds.
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Thu, Sep 15, 2022
Big challenge for housing finance companies. Bank eyeing HFC's market share. HFCs: Loan demand will increase, Market Share will decrease. Why is the share of banks increasing in the market share of housing finance? Know full details from Varun Dubey.
Mon, Aug 08, 2022
The loan book declined by 45 per cent in the first quarter of 2022-23 compared to the year-ago period on account of sell-offs and accelerated prepayments.
Fri, Oct 23, 2020
RBI changed the rules for Housing Finance Companies. Home loan closure will not be charged.
Sat, Jul 25, 2020
The special liquidity scheme for NBFCs and HFCs has received a positive response from the financial sector, with five proposals, involving an amount of Rs 3,090 crore, having already being sanctioned till July 23.
Mon, Jun 24, 2019
The government must increase affordability and incentivise people to buy homes, says Yashpal Gupta, MD & CEO, Repco Home Finance. Gupta during an interview with Swati Khandelwal, Zee Business, said the government should come out with some credit enhancement products....
Fri, Oct 12, 2018
The Reserve Bank of India (RBI) recently issued a stern warning to the banks to strengthen their underwriting norms in respect of lending to borrowers in the affordable housing segment.
Wed, Nov 16, 2016
“We believe companies which have lower exposure to the LAP books and low LTVs of around 60-65% would be in a better position to handle the deterioration in property prices. However, the near term demand for real estate is expected to be impacted,” Pandya said.
Sun, Jun 26, 2016
He also lauded the present government for taking steps against corruption.
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