Search For "hfcs"
HFCs to generate 12 to 17 pc RoE in FY22-23: Motilal Oswal
Updated : 2 months, 3 weeks ago IST
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.
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Five proposals worth Rs 3,090 cr sanctioned under Aatmanirbhar Bha
Updated : 8 months, 2 weeks ago IST
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
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RBI announces scheme for improving liquidity position of NBFC, HFC
Updated : 9 months, 2 weeks ago IST
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
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Asset quality pressures building in housing loan portfolio, NPAs t
Updated : 9 months, 2 weeks ago IST
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.
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Cabinet approves Special Liquidity Scheme for NBFCs/HFCs to addres
Updated : 10 months, 3 weeks ago IST
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
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Sitharaman announces Rs 30,000 crore special liquidity scheme for
Updated : 11 months ago IST
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).
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Slowdown to compress incremental credit growth in FY20: ICRA
Updated : 1 year, 3 months ago IST
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.
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Economic reforms showing impact, says govt giving a recap of steps
Updated : 1 year, 3 months ago IST
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.
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Evidence of measures to boost investment reflects in record FDI in
Updated : 1 year, 3 months ago IST
New Delhi [India], Dec 13 (ANI): Chief Economic Advisor (CEA) KV Subramanian on Friday said the evidence of measures to boost investment was actually seen in the record FDI inflows with US dollar 35 billion in the first half of 2019-20 as against US dollar 32 billion during the last correspo
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Sitharaman reviews performance of banks with top management
Updated : 1 year, 6 months ago IST
Goa (Panaji) [India], Sept 20 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday reviewed the performance of the banks in a meeting with the top management of public sector bank.
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NBFCs and HFCs to face growth headwinds along with continued fundi
Updated : 1 year, 7 months ago IST
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).
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Centre removes DRR requirement for listed companies, HFCs, NBFCs
Updated : 1 year, 7 months ago IST
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).
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