Finance - Housing News

Housing finance cos rule out reduction in lending rates  

03 Apr 2013, 10.14 pm  |  Source: PTI

Leading housing finance companies like HDFC and LIC Housing Finance today ruled out immediate reduction in their lending rates citing higher cost of f...

Urban Housing Fund norms to be finalised shortly: NHB head  

02 Apr 2013, 10.45 am  |  Source: Moneycontrol.com

The National Housing Bank (NHB), the regulator for housing finance companies in India is ramping up its efforts on affordable housing, typically price...

DHFL Vysya cuts rates with eye on 50% growth in FY14  

28 Mar 2013, 10.30 pm  |  Source: PTI

South-based DHFL Vysya Housing Finance, an associate company of Dewan Housing (DHFL), has decided to reduce the interest rate in 0.2-0.5 percent range...

SAT to continue hearing on Subrata Roy's plea on Mar 26  

23 Mar 2013, 5.08 pm  |  Source: PTI

The Securities Appellate Tribunal will continue its hearing on March 26 on Sahara group chief Subrata Roy's plea against Sebi's attachment order of hi...

Q4 Advance Tax: Banks likely to aid Mumbai meet its target    

15 Mar 2013, 10.34 pm  |  Source: CNBC-TV18

Banking and financial institutions recorded a healthy growth in fourth and final quarter of current financial year, leaving the tax department hopeful...

Budget 2013-14: Keki Mistry expects no tax hike, more sops for investment   

19 Feb 2013, 10.13 pm  |  Source: CNBC-TV18

The D-day is getting closer and closer and India Inc is waiting with bated breath. Less than 10 days to go for the Finance Minister (FM) to present th...

LIC Housing moves up on Morgan Stanley overweight report  

19 Feb 2013, 3.33 pm  |  Source: Moneycontrol.com

State-owned LIC Housing Finance gained 1.4 percent intraday on Tuesday as the research firm Morgan Stanley put an overweight rating on the stock, but ...

Sahara counsel awaits official SEBI notice; refuses comment   

13 Feb 2013, 10.56 pm  |  Source: CNBC-TV18

Reacting to media reports that SEBI has decided to attach the properties and freeze the bank-accounts of the Sahara group along with the bank-account ...

Dewan Housing enters education loan space  

07 Feb 2013, 6.15 pm  |  Source: PTI

Mortgage financier Dewan Housing Finance Ltd (DHFL) today entered the fast-growing education loan segment where it aims to have a portfolio of Rs 200 ...

HDFC cuts interest rates by 10 bps, stays competitive  

05 Feb 2013, 8.17 pm  |  Source: Moneycontrol.com

India's largest housing finance company HDFC reduced its retail prime lending rate by 10 basis points to 16.40%. Following the cut, a borrower can now...

DHFL's arm Aadhar Housing aims break even in 2013-14  

31 Jan 2013, 5.50 pm  |  Source: PTI

Dewan Housing Finance Corporation Ltd promoted Aadhar Housing Finance today said it aims to attain break even by end of 2013-14 fiscal. ...

Expect more rate cuts if inflation & CAD fall further: RBI  

29 Jan 2013, 9.53 pm  |  Source: Moneycontrol.com

The Reserve Bank of India would roll out easy monetary policies if the rate of inflation coupled with the current account deficit softens below its ex...

HDFC raises Rs 500 cr via NCDs  

29 Jan 2013, 5.46 pm  |  Source: PTI

Mortgage lender HDFC today raised Rs 500 crore through non-convertible debentures (NCDs) for general corporate requirements....

Cut HDIL links in '09; biz dull on approval clamp: Dewan   

25 Jan 2013, 3.31 pm  |  Source: CNBC-TV18

Kapil Wadhwan, MD, Dewan Housing Finance Corporation clarifies on CNBC-TV18 that his company severed all links, including cross-ownerships, directorsh...

RBI backs fixed rate loans, focuses on long term bonds  

22 Jan 2013, 7.56 pm  |  Source: Moneycontrol.com

Banks can issue long term bonds with minimum tenure of five years but subject to their credit exposure in the infrastructure sector with the minimum r...

LIC Housing plans to raise up to Rs 1,000 cr via ECB route  

06 Jan 2013, 12.34 pm  |  Source: PTI

LIC Housing Finance Limited, promoted by state-run insurance giant LIC, is mulling raising Rs 700-1,000 crore through External Commercial Borrowings (...

Jan rate-cut on the cards; pan-India realty prices up: Keki   

18 Dec 2012, 4.13 pm  |  Source: CNBC-TV18

Keki M Mistry, VC and CEO, HDFC explains on CNBC-TV18 that there is an increased likelihood of a RBI cut in rates in January 2013 and across India, re...

HDFC Life launches two market-linked pension plans  

03 Dec 2012, 8.43 pm  |  Source: PTI

Private insurer HDFC Life announced the launch of two market-linked pension plans and a traditional annuity product....

SC raps Sahara group for not refunding investors' money  

03 Dec 2012, 1.48 pm  |  Source: PTI

The Supreme Court on Monday rapped the Sahara group for not refunding Rs 27,000 crore to investors, who had put their money into two of its companies....

Coral India Fin Sep '12 sales at Rs 7.22 crore  

12 Nov 2012, 7.44 pm  |  Source: Moneycontrol.com

Coral India Finance and Housing has reported a sales turnover of Rs 7.22 crore and a net profit of Rs 3.79 crore for the quarter ended Sep '12...

DHFL cuts home loan rates  

08 Nov 2012, 9.37 pm  |  Source: PTI

Mortgage lender Dewan Housing Finance Corporation (DHFL) today cut its home loan lending rates by 0.25 per cent across categories for new customers. T...

India Home Loan Sep '12 sales at Rs 0.39 crore  

08 Nov 2012, 5.44 pm  |  Source: Moneycontrol.com

India Home Loans has reported a sales turnover of Rs 0.39 crore and a net profit of Rs 0.11 crore for the quarter ended Sep '12...

Vax Housing Sep '12 sales at Rs 2.48 crore  

06 Nov 2012, 7.20 pm  |  Source: Moneycontrol.com

Vax Housing Finance Corporation has reported a sales turnover of Rs 2.48 crore and a net profit of Rs 0.11 crore for the quarter ended Sep '12...

Parshwanath Sep '12 sales at Rs 0.34 crore  

06 Nov 2012, 7.17 pm  |  Source: Moneycontrol.com

Parshwanath Corporation has reported a sales turnover of Rs 0.34 crore and a net profit of Rs 0.23 crore for the quarter ended Sep '12...

Three strategies to attain 2.7% NIM: LIC Housing chief  

31 Oct 2012, 9.23 pm  |  Source: Moneycontrol.com

LIC India promoted LIC Housing Finance (LICHF) has embarked on a three-pronged strategy to attain a net interest margin in the range of 2.5-2.7% in 20...

LIC Housing Fin net up 147% to Rs 243 on lower provisions  

31 Oct 2012, 1.54 pm  |  Source: Moneycontrol.com

LIC Housing Finance (LICHF) on Wednesday reported a sharp rise in its second quarter net profit by 147% year-on-year to Rs 243 crore in 2012-13, on th...

Dewan Housing Sep '12 sales at Rs 817.87 crore  

26 Oct 2012, 12.35 pm  |  Source: Moneycontrol.com

Dewan Housing Finance Corporation has reported a sales turnover of Rs 817.87 crore and a net profit of Rs 85.85 crore for the quarter ended Sep '12...

DHFL Q2 net profit up 19% at Rs 85.8 cr  

22 Oct 2012, 6.18 pm  |  Source: Moneycontrol.com

Dewan Housing Finance Corporation (DHFL) has announced its second quarter results. The company's Q2 net profit was up 19% at Rs 85.8 crore versus Rs 7...

HDFC expects loan book growth of 18-20% in FY13  

22 Oct 2012, 3.32 pm  |  Source: Reuters

India biggest mortgage lender, Housing Development Finance Corp (HDFC) , expects its loan book to grow 18-20 percent in the fiscal year 2013, Chief Ex...

HDFC Q2 net profit up 18% at Rs 1151cr  

22 Oct 2012, 1.49 pm  |  Source: CNBC-TV18

The country's largest mortgage lender HDFC reported a 19% rise in its net profit at Rs 1151 crore for the quarter ending September 2012 versus Rs 971 ...