HFCs

Till 11:55 am; as many as 12.31 million equity shares representing 2.5 per cent of total equity of Aptus Value changed hands on the NSE, the exchange data shows.

The surge in Aadhar Housing share came after Kotak Institutional Equities initiated coverage on the company with 'Buy' rating for a target price of Rs 550, marking an upside of 41%.

The downside in Bajaj Finance, Bernstein said, was because much of the positives are priced into the stock's rich valuations

In its note, Macquarie said ABCL's lending non-banking finance (NBFC), housing finance company (HFC), and life insurance portfolio makes it an attractive proposition

India Ratings in a report on Tuesday said these factors, along with rising inflation rate, will impact borrowers cash-flows, which will also hit the asset quality marginally

Write-offs remained elevated at 2.1 per cent for NBFCs and 0.5 per cent for HFCs in H1FY23

Securitisation volumes originated by Non-Banking Financial Companies (NBFC)s and Housing Finance Companies (HFC)s have almost doubled to around Rs 33,000 cr in the first quarter of the current year

The collections had seen a modest decline of about 3 per cent following the third wave of infections in January 2022, but the recovery was prompt, Icra Rating said in a report.

Exporters will now have to seek permission from the government to export hydrofluorocarbons (HFCs)

At the start of FY22, the mortgage lender tweaked the business model to incrementally focus on the co-lending space by sharing risks and loan book with other banks or housing finance companies

The Union Cabinet decided to develop a national strategy for phasing down HFCs by 2023, so that industries can draw a roadmap for action

The funding advantage and adequate capital will aid growth and earnings while healthy provision buffer and improvement in collection will aid asset quality, analysts said

Securitisation is the process of pooling and repackaging homogenous illiquid financial assets into marketable securities that can be sold to investors.

The collections for SME loan pools and commercial vehicle loan pools also fell significantly by around 20 per cent from the peak achieved in March 2021: Icra

Parekh said his personal view was that Regulation and supervision are critical functions in any financial system and it is important that trust between a regulator and regulatee is never compromised.

RBI extends RBIA rules to all deposit taking HFCs and non-deposit taking HFCs with assets above Rs 5,000 cr with effect from June 30, 2022

ICRA said NBFCs reported NPAs to increase to about 4.5-5 per cent by March 2022

Restrictions in movements imposed by various states are likely to impact collections of NBFCs and HFCs, which may see NPAs rising to 4.5-5 per cent by March 2022, says a report

The impact of restrictions will be felt on retail loans-banks as well as NBFCs and HFCs

While HFCs are expected to regain their profitability and growth trajectory in FY22, rising Covid-19 infections and localised lockdowns remain a concern area