RBI says new NBFC classification at the end of monthThe Reserve Bank of India is set to unveil a new framework for categorizing Non-Banking Finance Companies (NBFCs) into upper, middle, and b...
No environmental clearance for HFC production projects starting 2028: Environment ministryIndia will halt new hydrofluorocarbon production projects from January 1, 2028. This move aligns with the nation's commitment to the Kigali...
HFCs get NHB support to diversify fund sources, loans may cost lessHousing finance companies in India will soon see lower borrowing costs. The National Housing Bank is offering partial credit enhancement on...
HFCs may log modest Q1 growth, but rate cut to weigh on marginsHousing finance companies (HFCs) are anticipated to reveal modest earnings for the June quarter, supported by an 8% year-on-year rise in lo...
Housing finance companies likely to witness growth of 8-10% in FY22: ReportIcra Ratings in a report said with revival in demand for housing credit in the industry in the last two quarters, most of the HFCs have alr...
RBI's regulation to improve risk management, governance of HFCs: ExpertsThe RBI, which has taken over the regulation of HFCs about a year ago, has come up with a revised regulatory framework for the HFCs. Among ...
HFCs have sufficient liquidity: IcraIcra said that access to the sanctioned funding lines could enhance the cover to 3 months.
Govt eases norms of partial credit guarantee scheme to help NBFCs, HFCsUnder the modified Partial Credit Guarantee Scheme, sovereign guarantee of up to 20 per cent of first loss will be provided to state-owned ...
CII suggests easing of certain norms to enhance liquidity for NBFCs, HFCsIndustry body CII on Tuesday recommended easing of certain norms for enhancing liquidity for non-banking financial companies (NBFCs) and ho...
HFCs in a quandary after new NHB norms, but some look safeThe guidelines are unlikely to have any significant impact for most HFCs in the near term.
Banks may stay away from bonds of NBFCs, HFCsRBI has allowed banks to provide PCE to bonds issued by systemically important NBFCs and HFCs.
Talks with US on HFCs phaseout Anil Dave’s first challenge as environment ministerIndia opened the door to using the Montreal Protocol to phaseout HFCs, moving an amendment to the international treaty that seeks to protec...
India won’t compromise its interests on HFCs phaseoutNew Delhi has succeeded in conveying to the G-20 that it will not compromise its interests on the issue of phasing out of HFCs.
- HFCs score in mortgage business growth and asset quality
Housing finance companies are doing better than banks in mortgage, both in terms of growth and asset quality, according to a report by cred...
- Rise in non-individual loans by HFCs may push up NPAs: CARE
A rise in the portion of loans given by housing finance companies to non-individuals over the past few years is likely to result in higher ...
- HFCs told to appoint trustee to monitor public deposits
This one is designed to provide an ultra protection to thousands of depositors who park their monies with deposit schemes of specialised ho...
- HFCs likely to pay more tax on profits
Specialised housing finance companies (HFCs) may have to pay more tax on their profits during 2007-08.