Finance - Housing News
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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...
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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...
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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...
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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...
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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...
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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...
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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 ...
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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 ...
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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 ...
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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...
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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. ...
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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...
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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....
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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...
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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...
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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 (...
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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...
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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....
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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....
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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...
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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 ...
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