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Shriram Group expects cross-selling, lower cost of funds and scale post-mergerThe insurance and mutual fund companies of the group have been kept out of the merger. The new company will continue to sell insurance poli...- An Indian car loan player is making plans to offer loans to homebuyersCholamandalam is undeterred by the credit crunch that’s roiling shadow banks across the nation.
- Gunit Chadha gets NHB's approval for housing finance businessAPAC Housing Finance, as part of APAC Financial Services, will be headed by Harpreet Singh, who had experience in setting up housing financ...
- Can The National Housing Bank be India’s Fannie Mae?The rush to affordable home lending has gathered pace. Eagerness to capture market share could lead to compromises on underwriting that cou...
- Will housing companies and banks coexist in an expanding market?Housing is the buzzword now with housing finance companies and banks betting big on it as the government aims to attain a "Housing for All".
- Bigwigs like Anshu Jain, Jaspal Bindra & Subhash Chandra backing companies seeking mortgage licencesThe share of housing finance companies in the mortgage market has risen to 37% from 30% in 2010, according to ICRA, a unit of ratings compa...
- Why investors are betting big on mortgage lending businessMortgage lending is turning out to be a solid bet for investors thanks to government schemes like 'Housing for All' by 2022.
- Manappuram Finance acquires Milestone Home Finance Company from Jaypee HotelsThe transaction is part of Manappuram's strategy to diversify its business by entering the lucrative housing finance space.
- Magma Fincorp acquires GE's India home loan businessThe non-banking finance co signed definitive agreements to acquire GE Money Housing Finance and the entire home equity loan portfolios of G...
- Will maintain 20-25% growth rate for FY13: VK Sharma, CEO, LIC Housing FinanceIn an interview with ET Now, VK Sharma, CEO, LIC Housing Finance, talks about the company's health and future strategies. Excerpts:
- Rumours of redemption from Reliance MF completely baseless: Sam Ghosh, Reliance CapitalSam Ghosh, CEO, Reliance Capital in an interview with ET Now talks about the reason why the company's stock has taken a hit and plans for f...
- Shriram Housing gets NHB license, to begin operations shortlyShriram City Union Finance will shortly foray into the mortgage business through its wholly owned subsidiary, Shriram Housing Finance Ltd.
- Religare to foray into home finance bizFinancial services firm Religare Enterprises said it will foray into home finance business with acquiring a controlling stake in Maharishi ...
- Part B: Mid-term Monetary policy review statement for the Year 2008-09
- NHB be made real estate regulator: ParekhHDFC Chairman suggested that NHB should be made the real estate regulator to ensure orderly growth of the property market.
- CBoP eyes commercial farming sector in PunjabPrivate lender Centurion Bank of Punjab (CBoP) has identified commercial farming in Punjab as a potential growth area and is aiming to disb...
- Budget '06: Full textTwenty months ago, when I presented the first Budget of the UPA Government, I asked Honourable Members - and the people of this country - t...
- Reddy hums new tune: let it be-IIAnnual Policy Statement For The Year 2004-05 By Y Venugopal Reddy, Governor, Reserve Bank of India .
- Reddy hums new tune: let it be-IAnnual Policy Statement For The Year 2004-05 By Y Venugopal Reddy, Governor, Reserve Bank of India .
- Annual Monetary and Credit Policy for the year 2003-2004Following is the full text of the Monetary and Credit Policy for the year 2003-'04 announced by Reserve Bank Governor Bimal Jalan on Tuesda...
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