Housing Finance

Shriram Finance completes sale of housing finance arm to Warburg Pincus

The sale of Shriram Finance's stake in SHFL was executed through Warburg Pincus' affiliate, Mango Crest Investment Ltd

Panel Discussion: Banking on Bricks

BFSI Summit: 'Supply pressure for affordable housing despite strong demand'

The Reserve Bank of India (RBI's) had said that housing finance companies find the pre-payment penalty imposed as a challenge for the lenders. However, there is better clarity on regulations

Crisis brewing? BS BFSI experts raise alarm on affordable housing supply

At the BFSI Insight Summit, industry leaders discuss challenges facing affordable housing, citing high demand but developers' reluctance due to costs, approvals, and low profits

Festival offers on home loans: Avoid teaser rates that reset after months

Compare offers from various lenders on criteria like interest rates, processing charges, tenure, discounts, repayment flexibility

Housing finance firm WEAVER acquires Capital India Home Loans for Rs 267 cr

The company will raise up to Rs 800 crore from private equity funds to finance the acquisition and fuel its expansion plans

Interest, trust of investors humbling: Sanjiv Bajaj on BHFL listing

Says shareholders should expect a business that grows with high quality and high level of corporate governance

India Shelter down 6.8% after 7.5 mn shares change hands

The run on the housing finance company's stock came after around 7.5 million shares changed hands on the counter

Don't chase housing financing stocks due to Bajaj Housing Fin IPO: Analysts

Bajaj Housing Finance IPO: Analysts advise investors to focus on the fundamentals of the individual companies and accumulate the shares on dips from long-term gains

Bajaj Housing Finance raises Rs 1,757 crore from anchor investors

At the upper end of this price band, Bajaj Housing is valued at a price-to-book ratio of 3.2 times on a post-money basis

Reserve Bank of India tightens HFC norms to bring them on a par with NBFCs

The RBI stated that the norms have been revised to harmonise the guidelines for NBFCs and housing finance companies

Reserve Bank of India tweaks risk weights for housing finance companies

At the same time, the regulator segregated risk weights for standard and stressed commercial real estate - residential buildings

Proposed to raise affordable housing limit in metros in Budget: Rishi Anand

Rishi Anand tells that the housing finance company aims to disburse Rs 8,500 crore in the financial year 2024-25

Loan growth likely to drive further gains for LIC Housing Finance

Loan growth was low due to technology upgrades to the platform in H1FY24, though momentum improved in H2FY24

Luxury housing cashes in on a growing affluent class, evolving lifestyles

This surge is being fuelled by millennials with increasing incomes and elevated expectations

The housing finance sector will only grow: PNB Housing Finance MD & CEO

The real estate cycle is about 7-8 years. The demand for housing is always increasing, and so is housing shortage. With the government's focus on housing, the housing finance sector will only grow

HFCs see realty sector expanding with tech adoption and govt backing

Housing finance companies underscore their healthy capital positions amidst heightened investor interest in the segment

Aditya Birla Capital infuses Rs 300 crore in housing finance arm

Financial Services firm Aditya Birla Capital on Wednesday said it has infused Rs 300 crore in its housing finance arm Aditya Birla Housing Finance Ltd (ABHFL) to fund business growth. The company is making the investment in ABHFL to meet its growth, funding requirements and improve its leverage ratio, Aditya Birla Capital said in a regulatory filing. Aditya Birla Capital subscribed equity shares of ABHFL, on rights basis for aggregate cash consideration of Rs 300 crore, it said.

LIC Housing Finance aims for 13% growth in loan book for FY25: MD & CEO

The total outstanding portfolio of the company grew 4 per cent year-on-year to Rs 2.87 trillion from Rs 2.75 trillion in the earlier year

Too many unsold homes? China considering govt purchases to ease glut

Local state-owned enterprises would be asked to help purchase unsold homes from distressed developers at steep discounts using loans provided by state banks, according to two of the people