The Supreme Court on Monday dismissed an appeal of the Enforcement Directorate challenging the Bombay High Court order granting bail to former Dewan Housing Finance Ltd (DHFL) promoters Kapil Wadhawan and Dheeraj Wadhawan in a Yes Bank money laundering case being probed by the agency.
Mumbai (Maharashtra) [India], March 11 (ANI/BusinessWire India): As we celebrate International Women's History Month, Vastu Housing Finance and BharatCares' Oonchee Udaan Program has successfully trained and empowered over 575 existing and aspiring women micro-entrepreneurs in Enterprise Dev
Jaipur (Rajasthan) [India], February 21 (ANI/BusinessWire India): In a collaborative initiative, Aavas Financiers Limited ("Aavas") and International Finance Corporation ("IFC") take pride in the successful EDGE certification of ten affordable Green Self Built Homes. This is the first ever p
The Delhi High Court has extended the interim bail granted to businessman Ajay Ramesh Nawandar, arrested in connection with an alleged bank fraud of Rs 34,615 crore by Dewan Housing Finance Corporation Limited (DHFL), on medical grounds.
Delhi NCR [India], February 3 (ANI/NewsVoir): The Union Budget 2023-24 includes a swathe of favourable policies and reforms that promise a considerable boost to urban infrastructure and affordable housing. For example, the outlay of PM Awas Yojana Fund has been increased by 66 per cent to Rs
Mumbai (Maharashtra) [India], January 27 (ANI/NewsVoir): To commemorate the 74th Republic Day, India's tallest luxury skyscraper, Minerva, located in Mumbai's south, hoisted the tri-colour, indicating the spirit of nationalism. Hoisted by its labourers at the top of the tower, Minerva proudl
New Delhi [India], January 25 (ANI/PNN): STAR Housing Finance Limited (Star HFL), a BSE-listed (BSE Scrip code BOM: 539017) rural home finance company has continued its growth momentum moving into the second half of FY2022-23. This is reflected in strong Q3 performance and resultant record f
Mumbai (Maharashtra) [India], January 20 (ANI/PNN): Mumbai headquartered, Pan India law firm Xpress Legal has been named the Lex Talk Top banking law firm of the year 2022, following its win in Dubai last year. The firm, which is empanelled with major banks and non-bank financial companies N
Since 2010, IFC has invested over USD 1.7 billion in India's housing finance companies for on-lending to retail buyers and affordable and green housing developers.
Mumbai (Maharashtra) [India], December 7 (ANI/PNN): Star Housing Finance Limited (Star HFL) (Scrip code: BOM: 539017), a rural focused HFC, has received the members' consent for a bonus issue at its shareholder's meeting held on December 6, 2022. The shareholders have also approved the propo
NBFCs, where mortgages are spread across a range of lenders from dedicated housing finance companies to consumer finance firms, saw loans a rise of 18.8 per cent to Rs 3.03 lakh crore, the S and P Global Market Intelligence said in a statement on Sunday.