For investors with ability to think beyond FY27: 5 mid-cap stocks from different sectors with an upside potential up to 33%The US blockade of the Strait of Hormuz, a claim by President Trump that negotiations are not dead in the water, and some tough talk from I...
CreditAccess Grameen looks to scale down microfinance growth, says MD & CEO Ganesh NarayananCreditAccess Grameen, a leading NBFC-MFI, is shifting focus from microfinance to secured lending like home loans. The company aims to becom...
Bajaj Housing Finance's stock performance to chart HFC shares’ pathShares of housing finance companies fell after Bajaj Housing Finance's strong debut, as investors considered the prior run-up excessive. Th...
RBI directs deposit taking HFCs to maintain 15% as liquid fund, raise deposits only up to 5 yearsRBI on Monday said that public deposits accepting HFC can renew deposits after 12 months or more but not later than sixty months. It has al...
Aptus Value Housing Finance lists at 7% discount to issue priceThe Rs 2,780 crore IPO, which was sold from August 10 to August 12, was subscribed 17.20 times. The category for qualified institutional bu...
Aptus Value IPO subscribed 24% on Day 1 of bidding processThe HFC had on Monday raised Rs 834 crore from 21 anchor investors, allocating 2,36,26,500 shares at Rs 353 per share.
Aptus Value Housing IPO: Should you subscribe or give it a miss?The IPO is being sold in Rs 346-353 price band. On the block is a fresh issue of Rs 500 crore and an offer for sale (OFS) of up to 6,45,90,...
Real estate shares rally after RBI relief on loan downgradesRBI said revised draft norms for housing finance companies regulation will be out by Feb 29.
DHFL drops 3%; NBFC expects to submit resolution plan shortlyDHFL has also sought new credit lines worth about Rs 1,200-1,500 crore every month.
DHFL jumps 11% as lenders mull haircuts; restructuring plan likely this weekFollowing the report, the scrip surged 3.65 per cent to hit a high of Rs 52.45 on BSE.
IB Housing-Lakshmi Vilas Bak swap ratio throws 21% aribtrage opportunityAccording to the swap ratio, LVB shareholders will receive 14 shares of Indiabulls Housing for 100 shares they hold in the bank, subject to...
DHFL tanks 5% as Brickwork Ratings cuts credit ratingDHFL had called the rating decision as ‘irrational’.
HFC stocks gain as Sebi raises limit for MF investment in housing bondsHFC spreads are incrementally facing twin pressures of lower lending rates and rising bond yields. As such, the Sebi measure could help eas...
Rs 3,000 crore PNB Housing IPO to open on October 25Housing loans constituted nearly 70 per cent of the company’s total loan portfolio. Of that, retail home loans accounted for 86.52 per cent...
SRF Q1 net profit rises 22 per cent to Rs 113.21 croreSRF today reported 22 per cent increase in consolidated net profit at Rs 113.21 crore for the quarter ended June 30 on account of higher sa...
- Indiabulls Financial Services to merge with Indiabulls Housing Finance, promoters to infuse Rs 451 cr
Indiabulls Financial Services will merge with its wholly owned company Indiabulls Housing Finance while the promoters of Indiabulls Financi...
- HDFC seeks NHB nod to keep stake in HDFC Bank
HDFC has asked housing finance regulator NHB to allow it to hold its shares in HDFC Bank without the shares being included in its capital m...