RBI Tells Banks To Stop Charging Extra Interest On Loans As Probe Shows Unfair Practices
Some banks were charging interest for the entire month, rather than charging interest only for the period for which the loan was outstanding.
Apr 29, 2024, 20:25 PM IST
Rs 9 Lakh Crore Home Loans Disbursed In India In 2022: Report
The number of loans given too was up by 17 percent during the calendar year 2022.
May 12, 2023, 11:55 AM IST
Rising interest rates unlikely to severely affect the asset quality of home loans: ICRA
There is limited headroom to increase the tenure as incremental loans in the prime home loan segment already have long tenures and a further extension in loan tenures will lead to overall tenures extending beyond the working life of the borrower.
Nov 08, 2022, 13:24 PM IST
Cabinet approves Special liquidity scheme for NBFCs/HFCs to address their liquidity stress
The government has proposed a framework for addressing the liquidity constraints of Non-Banking Financial Companies (NBFCs) and Housing Finance Companies (HFCs) through a Special Liquidity Scheme.
May 20, 2020, 15:34 PM IST
RBI proposes to strengthen ALM framework for NBFCs in annual report FY2019
Reserve Bank of India said that it will provide required liquidity backstop to the banks against their excess G-sec holdings.
Aug 30, 2019, 11:22 AM IST
No Debenture Redemption Reserve norm for listed firms, NBFCs
A statement by the Corporate Affairs Ministry said that the decision has been taken in pursuance of the budget announcements for 2019-20 by Finance and Corporate Affairs Minister Nirmala Sitharaman.
Aug 20, 2019, 11:39 AM IST
SEBI may ease NBFC share buy-back norms
If approved, then the new norms will follow the government's scheme to provide a one-time partial credit guarantee to PSBs for purchase of pooled assets of financially sound NBFCs.
Aug 20, 2019, 11:38 AM IST
HFCs to need Rs 9,000-16,000 crore capital over next 3 years: Icra
Housing finance companies (HFCs) are likely to need around Rs 9,000-16,000 crore of external capital over the next three year to grow at 20-22 per cent, said a report on Monday.
Sep 04, 2017, 16:27 PM IST
Govt exempts housing finance cos from XBRL filings
Providing relaxation for housing finance companies, the Corporate Affair Ministry has exempted such entities from filing financial statements in XBRL format.
Apr 10, 2016, 15:48 PM IST
Housing finance stocks hog limelight, soar up to 5%
LIC Housing Finance surged 4.63 percent while Dewan Housing Finance Corporation rose 4.21 percent on BSE.
Jun 18, 2015, 13:03 PM IST
Housing price inflation declines to 4-year low: RBI
Housing price inflation has slipped to nearly four-year low to below 4 percent, a survey by the Reserve Bank said on Thursday.
May 07, 2015, 20:46 PM IST
Banks to benefit more than HFCs through long-term bonds: Icra
The incentives announced by the RBI "are likely to have a positive impact on banks' competitive position vis-a-vis the housing finance companies", it said in a note.
Jul 17, 2014, 18:01 PM IST
