Mumbai (Maharashtra) [India], Nov 30 (ANI): The Reserve Bank of India (RBI) has filed an application to initiate insolvency proceedings against mortgage lender Dewan Housing Finance Ltd (DHFL).
Singapore, Nov 25 (ANI): Inclusion of non-bank finance institutions (NBFIs) in the Insolvency and Bankruptcy Code (IBC) 2016 is credit positive for banks, Moody's Investors Service said on Monday.
Mumbai (Maharashtra) [India], Sept 9 (ANI): India Ratings and Research (Ind-Ra) on Monday revised its sector outlook on non-banking finance companies (NBFCs) to negative from stable and maintained its negative outlook on large ticket housing finance companies (HFCs).
New Delhi [India], Aug 19 (ANI): The Ministry of Corporate Affairs on Monday amended the Companies Share Capital and Debentures Rule by removing debenture redemption reserve (DRR) requirement for listed companies, Housing Finance Companies (HFCs) and Non-Banking Finance Companies (NBFCs).
Mumbai (Maharashtra) [India], Aug 16 (ANI): Liquidity risk is increasing for Indian real estate developers as non-bank financial institutions (NBFIs) including housing finance companies are shying away from lending to the sector, Fitch Ratings said on Friday.
New Delhi [India], August 2 (ANI): To further ease of funds to the housing sector, National Housing Bank (NHB) will provide additional liquidity infusion facility of Rs 10,000 crore for Housing Finance Companies (HFCs). This is the additional liquidity infusion for individual loans for affor
New Delhi [India], Oct. 30 (ANI): Even when housing loans continue to dominate the loan portfolio of Housing finance companies (HFC)s, the share of housing loans in the overall HFC portfolio has been declining owing to the higher pace of growth of non-housing loans, according to a report by