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Source: Business Standard Reserve Bank is closely monitoring the incoming information and will take measures, Das said. (Photo: Shutterstock) 2 min read Last Updated : Oct 09 2024 | 11:24 AM IST In a stern message to non-banking finance companies (NBFCs) aggressively pursuing growth without sustainable business practices and robust risk management frameworks, Reserve…
Source: Live Mint A robust quarter-on-quarter (QoQ) growth of 7.9% (28.7% annualized) in home loans outstanding supports this trend, and expected rate cuts are likely to further boost growth. View Full Image (Home Loans) As a result, most listed housing finance companies have seen a significant re-rating in their price-to-book (P/B) ratios, a common valuation…
Source: Business Standard 4 min read Last Updated : Sep 17 2024 | 10:16 PM IST Bajaj Housing Finance Ltd (BHFL) continues to impress after a stellar market debut on Monday. The shares, which opened 114 per cent higher than the issue price and marched ahead to settle 136 per cent higher on the…
Source: Business Standard Stock Market, BSE, Nifty, Capital(Photo: Shutterstock) 3 min read Last Updated : Sep 16 2024 | 12:14 PM IST Shares of Bajaj Finance, Bajaj Finserv, and housing finance companies (HFCs) dipped by up to 6 per cent on the BSE in Monday’s intraday trade after the listing of Bajaj Housing Finance…
Source: Business Standard 4 min read Last Updated : Sep 13 2024 | 12:36 PM IST Bajaj Housing Finance IPO: Shares of housing finance companies (HFCs) were in demand on Friday, surging up to 15 per cent on the BSE in the intraday trade amid heavy volumes. The buying interest came across the sector…
Source: Business Standard If you are looking for better interest rates than what banks offer, corporate fixed deposits (FDs) from non-banking financial companies (NBFCs) and housing finance companies (HFCs) might catch your interest. These deposits often provide higher returns, making them an attractive option for those wanting to grow their savings. “One of…
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