Rural development initiatives both on physical and social infrastructure could spur employment and consumption
However, given the under-penetration of mortgages, the agency expects growth to recover soon
In the past two to three years, close to 15-20 firms are focusing on lending to the informal sector.
Commercial banks saw their share of the business decline from 67 per cent in 2012 to 63 per cent in March 2017
What happens if the developer goes bust and doesn't deliver? The lender will now try to squeeze money out of owners of houses that don't exist
It's been a two-year bull run in HFC shares, stoked by govt initiatives
The slowdown was due to lack of new project launches, investors deferring home purchase decisions
There is no change to the risk weights for housing loans of up to Rs 30 lakh
Lower provisioning and risk weights to drive further rate cuts in home loans
Vastu Housing Finance is trying to leverage technology to establish and distinguish itself
GRUH Finance, DHFL, GIC Housing and LIC Housing were up in the range of 1% to 3%.
Under PMAY, the government aims to cover around two million non-slum urban poor households
Out of its total Rs 5,500 cr retail finance portfolio, home loans to self employed and SMEs comprise about Rs 1,500 cr each
Loans against property and affordable housing are seeing good traction, despite a slowing real estate market
XBRL, or Extensible Business Reporting Language, provides a common, electronic format for business reporting
Analysts say investors could look at LIC Housing Finance, Indiabulls Housing Finance and HDFC