Bharti Airtel has raised $750 million through allotment of 'unsecured senior fixed rate notes' to eligible investors
India Ratings and Research (Ind-Ra) has revised the outlook on PNB Housing Finance's (PNBHF's) non-convertible debentures
The RBI, on Wednesday, came out with a slew of directions related to maintenance of liquidity coverage ratio, risk management, asset classification and loan-to-value ratio, among others, for HFCs
All that happened in the markets today
PNB had announced that it will infuse up to Rs 600 crore in PNB Housing Finance through preferential issue/rights issue
A banker with experience in international operations and credit card, he replaces incumbent Neeraj Vyas
Demand from the mass housing segment has started picking up post relaxations in coronavirus-induced lockdowns and gradual reopening of economy
The company is cautious on lending to construction, gems and jewellery, hospitality and aviation sectors, says executive
The housing finance company (HFC) said its incremental borrowing last fiscal was Rs 21,870 crore
The fall, analysts say, has been on concerns that the financial industry has will be the worst hit among sectors, given the disruptions to the country's economic activity caused by Covid-19 outbreak.
Besides, the company sanctioned Rs 200 crore for Project Grand Omaxe Lucknow in January 2018.
The first issuance of NCDs of Rs 500 crore was subscribed by a foreign bank
This issuance is through private placement basis with a door-to-door tenure of 10 years, and the proceeds will be utilised by the company for its normal course of business operations
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
PNBHFL is among the top-five HFCs in India in terms of assets under management, with about a six per cent market share of housing loans