May 21, 2013
There is no pressing need to revisit the regulatory framework for housing finance companies. The retail borrower’s problems lie elsewhere.
Kolkata, May 19
There was no regulatory arbitrage between banks and housing finance companies (HFCs), according to R.V. Verma, Chairman and Managing Director of National Housing Bank (NHB). Speaking to...
Hyderabad, May 2
Punjab National Bank (PNB) has waived the processing fee on housing loans till June 30, 2013. This was disclosed by R.K. Chatterjee, Head of PNB-AP Circle at a builders’ conclave o...
Mumbai, April 23
Indiabulls Housing Finance Company Ltd (IHFL) reported a 22 per cent increase in the fourth quarter net profit, helped by robust demand for home loans from the middle segment in su...
Hyderabad, May 20
Andhra Bank has launched a Retail Loan Express Project for speedy processing and disbursal of housing loans. B.A. Prabhakar, Chairman and Managing Director of Andhra Bank, formally...
Bangalore, May 12
Vijaya Bank has reduced rate of interest on housing loans. The bank, in a release, said to increase retail lending and give thrust to home loan portfolio, bank has launched a ‘Summer Bon...
Chennai, April 30
Sundaram BNP Paribas Home Finance’s net profit has jumped by 35 per cent for 2012-13 compared with that of the previous year.
The Sundaram Finance subsidiary has reported a net profit of...
Mumbai, April 21
DMI Finance, a non-banking finance company backed by the Burman family of Dabur India, has raised Rs 100 crore through issue of non-convertible debentures and is looking to raise further funds ove...