Category: Housing Finance

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

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

Sebi approves Aadhar Housing Finance’s Rs 5,000 crore initial public offering.

April 11, 2024

NEW DELHI: According to an update filed with the markets regulator on Monday, Aadhar Housing Finance Ltd., supported by prominent private equity firm Blackstone, has been given the go-ahead by Sebi to raise Rs 5,000 crore through an initial public offering (IPO). According to the Draft Red Herring Prospectus (DRHP), the proposed IPO consists of […]

Sebi approves Aadhar Housing Finance’s Rs 5,000 crore initial public offering.more

Stable Repo Rates to Keep Residential Momentum Going

April 5, 2024

Anuj Puri, Chairman – ANAROCK Group With the fundamentals of the Indian economy remaining strong despite all global headwinds and inflation well under control, the RBI once again decided to keep the repo rates unchanged at 6.5%, thus extending the festive bonanza that it gave to the homebuyers in its last two policy […]

Stable Repo Rates to Keep Residential Momentum Goingmore

Report: 71% of house loans in Gujarat were taken out in Q3FY24.

February 24, 2024

AHMEDABAD: With the dramatic increase in home loan disbursals and the number of applicants, many people in the state are starting to fulfill their dream of owning the house of their dreams. D emand for homes in both the budget and luxury categories has been fueled by rising disposable incomes and increased aspirations. According to […]

Report: 71% of house loans in Gujarat were taken out in Q3FY24.more

Sources: Aadhar Housing Finance aims for an India IPO of $600 million.

February 1, 2024

MUMBAI: Aadhar Housing Finance, an Indian home loan firm owned by Blackstone, is aiming for a $600 initial public offering (IPO) valued between $500 million and $3 billion, according to two individuals with firsthand knowledge on Tuesday. Aadhar was purchased by private equity firm Blackstone in 2019 for roughly $300 million as a result of […]

Sources: Aadhar Housing Finance aims for an India IPO of $600 million.more

Category: Housing Finance

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