Indiabulls Housing Finance shares plummet 10% after Subramanian Swamy’s letter to PM Modi alleging fraud

Indiabulls Housing Finance shares plummet 10% after Subramanian Swamy’s letter to PM Modi alleging fraud

Indiabulls Housing Finance shares slump on Subramanian Swamy letter to PM Modi alleging financial fraud Shares of Indiabulls Housing Finance tumbled heavily after Subramanian Swamy wrote a letter to Prime Minister Narendra Modi accusing the company of embezzlement of Rs 1 lakh...
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Will borrowers benefit if RBI regulates housing finance companies? 4 experts weigh in

Will borrowers benefit if RBI regulates housing finance companies? 4 experts weigh in

The Budget has proposed that the RBI, and not the National Housing Bank, regulate housing finance companies. ET Wealth asks industry experts and consumer activists if this will benefit customers. Neera Saxena, MD and CEO, GIC Housing Finance says YES &#8...
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PNB Housing cautious on corporate finance disbursement, says MD Gupta

PNB Housing cautious on corporate finance disbursement, says MD Gupta

PNB Housing Finance on Thursday reported a 51 percent jump in its consolidated net profit to Rs 379.77 crore for the fourth quarter ended March 2019. Sanjaya Gupta, MD of PNB Housing Finance, spoke to CNBC-TV18 about the company’s financial performance....
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Tight liquidity pushes housing finance companies to take portfolio sell-down route

Tight liquidity pushes housing finance companies to take portfolio sell-down route

This is a golden opportunity for banks to increase their portfolio: ICRA Tight liquidity conditions since September 2018 has pushed housing finance companies (HFCs) to lower their disbursements and meet a sizable portion of their fund requirement through portf...
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Housing Sales Down 6% In NCR, Supply Falls 56%: Knight Frank

Housing Sales Down 6% In NCR, Supply Falls 56%: Knight Frank

The RERA came into force from May 2017, while the GST was launched in July New Delhi: Housing sales fell 6 per cent in Delhi-NCR last year, lowest since 2010, at 37,653 units while prices fell by 2 per cent due...
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ASK Property to invest Rs 1,000 cr in housing projects

ASK Property to invest Rs 1,000 cr in housing projects

Financial services firm ASK group will invest over Rs. 1,000 crore as private equity in housing projects this fiscal despite demand slowdown and uncertainty in the market after the new realty law came into effect. ASK group, which invested Rs. 700 crore in...
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