The company's disbursements have been slower than its peers in last few quarters. Earlier this month, PNB Housing's reported a 30% rise in disbursements for the third quarter
LIC Housing Finance increased its Prime Lending Rate by 50 basis points. With this the new interest rates on home loans will now start from 8 per cent as against 7.50 per cent earlier.
Till Indiabulls Housing Finance does not consolidate at the current levels at least for two months with above average volumes, one should not be optimistic