New Delhi [India], February 18 (ANI): The long-term growth outlook for affordable housing finance companies (AHFCs) remains favourable supported by several factors, investment information agency ICRA has said.
Mumbai (Maharashtra) [India], January 15 (ANI): Housing finance companies (HFCs) are expected to generate 12 to 17 per cent return on equity in the next two years as credit costs normalise, Motilal Oswal Financial Services said on Friday.
New Delhi [India], September 13 (ANI): The Union Ministry of Finance informed that an amount of Rs 30,000 crore Special Liquidity Scheme has been progressed for non-banking, housing finance companies and Monetary Financial Institutions (MFI) as part of the Atmanirbhar Bharat package.
New Delhi [India], July 25 (ANI): The Central government on Friday said that the Special Liquidity Scheme of Rs 30,000 cr for Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs) is being implemented from July 1 this year as a follow up of one of the announcements
Mumbai (Maharashtra) [India], July 16 (ANI): The overall residential demand is expected to decline by over 25 per cent year-on-year in the current financial year FY21 due to ongoing COVID-19 pandemic after registering a fall of 5 per cent in FY20, according to India Ratings and Research (Ind
Mumbai (Maharashtra) [India], July 1 (ANI): The Reserve Bank of India (RBI) on Wednesday said the Centre has approved a scheme to improve the liquidity position of non-banking finance companies (NBFCs) and Housing Finance Companies (HFCs) through a Special Purpose Vehicle (SPV) to avoid any
New Delhi [India], June 26 (ANI): Nearly 30 per cent of housing finance companies (HFCs) portfolio is under moratorium and their gross non-performing assets (GNPAs) are likely to increase to 2.5 to 3 per cent in FY21, rating agency ICRA said on Friday.
New Delhi [India], May 20 (ANI): The Union Cabinet, which met here on Wednesday under the chairmanship of Prime Minister Narendra Modi, gave approval to the Finance Ministry to launch a new Special Liquidity Scheme for non-banking financial companies (NBFCs) and housing finance companies
New Delhi [India], May 13 (ANI): Finance Minister Nirmala Sitharaman on Wednesday announced a Rs 30,000 crore special liquidity scheme for non-banking finance companies (NBFCs), housing finance companies (HFCs) and micro-finance institutions (MFIs).
New Delhi [India] March 17 (ANI/NewsVoir): PNB Housing Finance Limited, one of the leading housing finance companies has been awarded for registration of ISO 27001:2013 standard.
New Delhi [India], Dec 30 (ANI): Muted economic growth, lower working capital requirements and risk aversion among lenders have compressed the incremental credit growth in current financial year (April 2019 to March 2020), according to investment information agency ICRA.
New Delhi [India], Dec 13 (ANI): Finance Minister Nirmala Sitharaman said on Friday the government has taken concrete measures to implement a planned economic strategy for achieving the five trillion dollar GDP goal by 2024.