Housing finance players loan portfolio to grow at 8-10 pc in FY22: ReportGoing forward, the growth trend is expected to continue, driven by healthy demand in the industry, increasing level of economic activity an...
09 Feb, 2022, 02.37 PM IST
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...
12 Apr, 2021, 07.38 PM IST
NBFCs, HFCs with more than 6pc net NPAs won't be eligible for special liquidity scheme: RBINBFCs, HFCs with more than 6% net NPAs won't be eligible for special liquidity scheme, the RBI has said.
01 Jul, 2020, 11.35 PM IST
Govt allows banks to buy securities of low-rated NBFCs under PCGS 2.0The Union Cabinet headed by Prime Minister Narendra Modi approved the scheme on Wednesday.
21 May, 2020, 06.56 PM IST
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 ...
20 May, 2020, 05.45 PM IST
RBI withdraws some exemptions granted to HFIsLike every NBFC, housing finances are too now mandated to create a reserve fund and transfer minimum 20% of its net profit every year to th...
11 Nov, 2019, 09.31 PM IST
From hot cake to hot potato: The remoulding of mortgage lendingMortgage is the safest piece in lending. But financial engineering for better returns made it risky.
23 Oct, 2019, 02.10 PM IST
Housing finance companies: Hot cakes turn hot potatoesThe housing finance sector growth has slowed down in the last one year due to liquidity crunch.
23 Oct, 2019, 10.18 AM IST
NBFCs can be the worst casualty of rising ratesAmid rising interest rates, NBFCs and home financiers (HFCs) are expected to see an increase in their cost of funds.
15 Jun, 2018, 09.26 AM IST
NBFCs retail credit growth seen at 16-18% in FY18: IcraNBFC retail credit grew by nearly 16 per cent year-on-year to Rs 6.6 trillion as of September, against 15 per cent in FY17 and 19 per cent ...
27 Dec, 2017, 05.56 PM IST
Housing finance companies to need Rs 9,000-16,000 crore capital over next 3 years: IcraMost of this incremental capital requirement would be for the small HFCs, including those operating in affordable housing space, Icra said.
04 Sep, 2017, 03.35 PM IST
Home loan growth to moderate to 16-18% post demonetisation: ICRADelinquencies in the affordable housing and self-employed segments will increase, given the borrowers’ reliance on cash transactions.
15 Feb, 2017, 03.29 PM IST
Housing Finance Economics to face roadblocks due to falling bank interest rates: Ind-RaThe competition between HFCs would have implications for profitability, especially in view of limited manoeuvrability of such companies wit...
25 Jan, 2017, 03.20 PM IST
Icra sees home finance cos' asset quality stress risingIt estimated the total housing credit outstanding as of December 2013 at over Rs 8.6 lakh crore as against Rs 7.5 lakh crore as of March 20...
10 Mar, 2014, 03.52 PM IST
- National Housing Bank raises provisioning requirement for doubtful assets up to 100%, asks housing finance companies to set aside 0.4% loans as buffer
National Housing Bank (NHB) has slapped a set of stringent rules which may put housing finance companies (HFCs) under stress.
14 Sep, 2011, 01.41 AM IST
- NHB makes realty loans dearer for HFCs
The National Housing Bank (NHB) has asked housing finance companies (HFCs) to make a general provision of 0.4% of their total outstanding n...
28 Mar, 2007, 03.13 AM IST
- 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.
09 Mar, 2007, 02.59 AM IST