Housing Finance

Centrum Housing's enterprise valuation is approximately Rs 800 crore, and Centrum Capital owns little over 50 percent in the HFC. The listed entity will be getting around Rs 430 crore for the deal, a company spokesperson said.

Weaver Services raises $170 million from Lightspeed, Premji Invest and Gaja Capital

Moneycontrol was first to report about Lightspeed and Premji Invest leading Weaver Services’ large-ticket fundraise, exceeding $140 million, on July 28.

Lightspeed, Premji Invest in talks to back former HDFC veteran's Weaver Services in Rs 1,200 crore round

HDFC Bank’s former top boss Keki Mistry will also invest some money in his personal capacity, sources told Moneycontrol.

Bajaj Housing Finance Q4 Results: Net profit for FY25 up 25% at Rs 2,163 crore

Bajaj Housing Finance Q4 Results: Revenue from operations rises 26% to Rs 2,508 crore

NBFC Q2 Preview: Growth holds up with stable margins

Festive demand and rural recovery remain key growth drivers

Bajaj Housing Finance's bull run not over yet, experts forecast another 24% upside

Brokerages have initiated 'buy' calls on Bajaj Housing Finance, citing management's strong pedigree to position it as the next 'HDFC' and its superior asset quality

Bajaj Housing Finance needs more than a successful IPO to become the next HDFC

Bajaj Housing Finance would need a steady growth rate and consistently pristine asset quality to become the most valued HFC

Bajaj Housing Finance launches product targeting affordable housing segment

The product is designed for first-time homebuyers looking to make their dream of home ownership a reality through affordable housing finance, the housing finance firm said in a statement

PNB Housing block deal: 2.7% equity change hands; Asia Opportunities, General Atlantic likely sellers

Reports suggested that BNP Paribas, UBS Securities were brokers of this block deal

Shriram Finance revives stake sale plans in subsidiary Shriram Housing Finance

Parent Shriram Finance, which is mainly into commercial vehicle financing, owns 84.82 percent in Shriram Housing Finance, while 14.94 percent stake is held by US-based private equity player Valiant Capital Management

PNB Housing Finance to go aggressive on affordable housing: MD & CEO Kousgi

The company said that it would like to have a third each of its disbursements to take place in the West, North and South of the country.

Indiabulls Housing Finance rises 3% in 2 days on bond buyback plan

So far this year, the stock of this home finance company has rallied 15 percent, as against 7 percent rise in the Sensex benchmark

Shriram Housing Finance raises $50 million through external commercial borrowing route

Funds from the ECB will be used for financing affordable housing in India.

MC Exclusive: Ujjivan SFB eyes double-digit growth in housing finance, to expand network in tier 2 and 3 cities, says MD & CEO

The small finance bank reported a net profit of Rs 309 crore for the quarter ended March 2023 but the net interest margin fell as it partially passed on rate hikes to customers.

Aggressive urban housing finance lending needed to propel growth: Housing minister

Minister of Housing and Urban Affairs Hardeep Singh Puri says lending programmes should be made more ambitious, but with safeguards. Every minute, 25-30 people migrate to India’s towns and cities, and we need to ensure well-provisioned homes, he said.

JM Financial arm, Indostar Capital explore strategic options in home loan space

The companies disclosed that the discussions between the two housing finance companies are currently at a preliminary stage and are non-binding in nature.

Edelweiss’s Rashesh Shah hears no death knell to broking business from tech sphere

Broking will only get bigger because the market has grown over the years. Volumes have gone up, there have been consolidation and changes in all parts of the industry, says the founder of Edelweiss Financial Services

Banks may race past HFCs in home loan market aided by lower cost of funds, say experts

As per Emkay Global Research, banks’ share of the individual home loan market has been around 64-68 percent, and that of HFCs has been 32-35 percent between 2010 and 2022.

LIC Housing Finance MD & CEO on rising interest rates, competition in housing finance industry | LIVE

Moneycontrol’s Correspondent Harsh Kumar in an exclusive conversation with LIC Housing Finance Limited MD & CEO. Y. Viswanatha Gowd. During the conversation, Gowd talks about the challenges in the housing finance industry. He also said that 30 percent of the borrowers are from this age group 25 to 35.

MC Exclusive| HDFC’s Keki Mistry: Cross selling housing loans growth stronger in the bank

The penetration of the housing finance market is just 11 percent in India and there is potential to grow to 20 percent, Mistry said.

Keki Mistry On Early Days At HDFC, Post-Merger Entity & Trends In Housing Finance | Banking Central

Moneycontrol’s Banking & Finance Editor Dinesh Unnikrishnan in an exclusive conversation with HDFC’s CEO Keki Mistry in the second part of the #BankingCentral Interview series. In a free-wheeling chat, Mistry talks about his early days at HDFC, the challenges faced during the 4-decade long career, his role in the post-merged entity and the key trends that will drive housing loan finance ahead. Catch the whole conversation here.

Housing finance companies to face headwinds amid rising interest rates, says report

India Ratings in a report on Tuesday said these factors along with rising inflation will impact borrowers cash-flows, which will also hit the asset quality marginally.

Stock Market Live: Auro Pharma, Apollo Hosp in focus; HFCs still expensive after recent fall? | Morning Trade

Why HFCs focused on affordable housingg have failed to attract investors? We speak to Bharat Gianani of Aparna Iyer of Moneycontrol team. Stocks in spotlight today: Aurobindo Pharma, Apollo Hospitals, Balaji Amines and Sterling & Wilson. We also answer your stock queries LIVE with Ashish Chaturmohta

Housing finance companies likely to grow at 10-12% in FY23: Report

The upwards revision of the growth of HFCs was in expectation of a continued improvement in disbursements.

Here's what is driving the growth in individual loans in 32 quarters for HDFC

HDFC reported a 22 percent rise in its standalone profit after tax to Rs 3,669 crore for the first quarter against the Rs 3,001 crore posted during the same period last year. Its individual loans on an assets under management (AUM) basis saw the highest growth in the last eight years.