Category: Housing Finance

Home Loan Borrowers Decline by 35% in FY25, Yet Average Mortgage Size Rises in Gujarat

May 24, 2025

AHMEDABAD: Gujarat’s housing finance landscape is showcasing a contrasting development—while the overall disbursement of home loans is increasing, the number of individual borrowers is witnessing a significant decline. In FY 2025, total housing finance disbursals in the state reached ₹58,399 crore, reflecting an 8.9% rise from ₹53,590 crore in FY 2024. However, during the same […]

Home Loan Borrowers Decline by 35% in FY25, Yet Average Mortgage Size Rises in Gujaratmore

Carlyle Group Fully Exits PNB Housing Finance with ₹2,712 Crore Stake Sale

May 12, 2025

New Delhi: Global investment firm Carlyle Group has fully exited its investment in PNB Housing Finance by selling its entire 10.44% stake for ₹2,712 crore through open market transactions on Friday. The US-based investment firm sold the stake through its affiliate, Quality Investment Holdings PCC. The transaction involved the sale of over 2.71 crore shares […]

Carlyle Group Fully Exits PNB Housing Finance with ₹2,712 Crore Stake Salemore

Home First Finance Company India Reports 23.55% Increase in Net Profit for Q3 FY25

January 30, 2025

NEW DELHI: Home First Finance Company India has posted a notable 23.55% rise in its net profit for the quarter ending December 31, 2024. According to the company’s filing with the BSE, its profit after tax (PAT) surged to ₹97.38 crore in Q3 FY25, compared to ₹78.82 crore in the same quarter of the previous […]

Home First Finance Company India Reports 23.55% Increase in Net Profit for Q3 FY25more

ADB Pledges $70 Million to Vastu Housing Finance to Boost Affordable Housing.

December 26, 2024

The Asian Development Bank (ADB), a multilateral funding agency headquartered in Manila, has pledged USD 70 million (approximately ₹595 crore) to Vastu Housing Finance to support affordable housing initiatives. This funding will help improve access to sustainable and affordable housing loans for underserved borrowers, with 15% of the funds dedicated to first-time homeowners, according to […]

ADB Pledges $70 Million to Vastu Housing Finance to Boost Affordable Housing.more
Home loan

Capital India Finance Sells Housing Finance Subsidiary to Weaver Services for Rs 267 Crore

October 21, 2024

Capital India Finance Ltd (CIFL), a small-cap NBFC focusing on MSMEs, has sold its housing finance subsidiary, Capital India Home Loans Limited (CIHL), to Weaver Services Private Limited for Rs 267 crore, as stated in a company filing to the stock exchanges. Weaver Services is supported by a team of former HDFC employees. To fund […]

Capital India Finance Sells Housing Finance Subsidiary to Weaver Services for Rs 267 Croremore

Updated deposit requirements shouldn’t be too burdensome for HFCs: Crisil

August 19, 2024

NEW DELHI: According to Crisil Ratings, housing finance companies (HFCs) that accept public deposits are expected to navigate the Reserve Bank of India’s (RBI) revised guidelines, announced on August 12, 2024, without significant difficulty. The revised guidelines, which include several operational adjustments, introduce three main changes for HFCs involved in public deposit-taking. First, HFCs are […]

Updated deposit requirements shouldn’t be too burdensome for HFCs: Crisilmore

Three Entities Settle Insider Trading Charges with SEBI in PNB Housing Finance Case.

August 16, 2024

NEW DELHI: On Tuesday, three individuals settled with the capital markets regulator, the Securities and Exchange Board of India (SEBI), concerning allegations of insider trading violations related to the scrip of PNB Housing Finance Ltd. The settlement was reached after a collective payment of Rs 1.56 crore. The individuals involved in the settlement are Sidhant […]

Three Entities Settle Insider Trading Charges with SEBI in PNB Housing Finance Case.more

SEBI Approves Bajaj Housing Finance to Launch Initial Public Offering.

August 6, 2024

NEW DELHI: Bajaj Housing Finance, along with four other companies, has received the green light from the Securities and Exchange Board of India (SEBI) to raise funds through initial public offerings (IPO), according to a recent update from the market regulator on Monday. The other companies include Manba Finance, Baazar Style Retail, Diffusion Engineers Ltd, […]

SEBI Approves Bajaj Housing Finance to Launch Initial Public Offering.more
Housing ICRA predicts overall real estate inventory to decrease by 40-60%.

In Q4 FY24, LIC Housing Finance’s net profit decreases by 9.14%.

May 18, 2024

NEW DELHI: A 9.14% decrease in net consolidated profit was recorded by LIC Housing Finance for the quarter that concluded on March 31, 2024. In Q4 FY24, the company’s profit after tax was Rs 1,082.06 crore, compared to Rs 1,190.88 crore in the same quarter of the previous fiscal year, according to a BSE filing. […]

In Q4 FY24, LIC Housing Finance’s net profit decreases by 9.14%.more
Home loan

Last two years have seen an increase in home loan outstanding of Rs 10 lakh crore: RBI data – ET RealEstate

May 8, 2024

NEW DELHI: According to RBI data on “Sectoral Deployment of Bank Credit,” credit outstanding to the housing industry increased by around Rs 10 lakh crore over the previous two fiscal years to reach a record Rs 27.23 lakh crore in March of this year. This increase in outstanding home credit was ascribed by real estate […]

Last two years have seen an increase in home loan outstanding of Rs 10 lakh crore: RBI data – ET RealEstatemore