The IPO of Bajaj Housing Finance(BHFL), a wholly-owned subsidiary of Bajaj Finance (BFL) is open for subscription from September 9 to 11. BHFL is a non-deposit taking housing finance firm engaged within the companies of advancing dwelling loans, loans towards property (LAP), lease rental discounting (LRD) and developer finance (DF). BFL will pare its stake … Read more
The incremental adjustments within the Pradhan Mantri Awas Yojana in addition to the up to date curiosity subsidy scheme is seen benefiting inexpensive housing finance firms (AFHCs) particularly, in addition to resulting in extra secure repayments, decrease pre-payments and steadiness transfers, analysts really feel. Final week, the PMAY-City scheme obtained a facelift and the Union … Read more
Housing Finance Firms (HFCs) accepting public deposits will face the identical regulatory rigour as deposit-taking Non-Banking Finance Firms (NBFCs), with the ceiling on the quantum of deposits and the utmost interval for which they will settle for deposits being halved. Additional, HFCs might be required to keep up increased minimal share of liquid belongings. At … Read more
Housing finance corporations’ AUM is seen rising 12-14 per cent in FY24 and FY25 led by continued progress momentum in housing loans coupled with an anticipated revival in developer loans, in keeping with CareEdge Scores. “Whereas the share of wholesale financing of HFCs is anticipated to rise within the medium time period, it’s broadly anticipated … Read more
The India Shelter Dwelling Loans (ISHL) IPO, which is open from December 13–15, comes at a time when each Nifty and Nifty Financial institution are at a lifetime excessive. We listing 5 related issues concerning the residence finance difficulty. The NBFC is promoted by PE buyers WestBridge Crossover (20.3 per cent stake post-issue), Aravali Funding … Read more