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2 mins read
RBI imposes penalties on three housing finance companies for non-compliance with directions
The Reserve Bank of India has imposed monetary penalties on three Non-Banking Financial Companies f…
ANI
3 mins read
DHFL scam, simplified: Here’s all about the Dheeraj Wadhawan case — allegedly India’s biggest banking loan fraud ever
The CBI also explains that the Wadhawans had allegedly created lakhs of fake borrowers by randomly …
1 min read
HDFC hikes its benchmark lending rate by 25 basis points
Housing Development Finance Corp Ltd hiked its benchmark lending rate by 25 basis points, with effe…
2 mins read
India, Iran sign pact for long-term operation of terminal at Chabahar
This is the first time India will take over the management of an overseas port. Speaking on …
PTI
1 min read
HDFC to raise up to Rs 5,500 cr via bonds on Thursday
Mortgage lender HDFC will raise up to Rs 5,500 crore by issuing bonds on a private placement basis …
PTI
2 mins read
Ontario Teachers’ Pension expands India operations, ropes in HDFC’s Keki Mistry as senior advisor
The fund’s sixth global office in Mumbai will target investments across all asset classes, inclu…
2 mins read
HDFC Capital to hike stake in proptech startup Reloy by up to 2.4% from current 7.2%
HDFC Capital Advisors will increase its stake in proptech startup Loyalie IT Solutions (now renamed…
PTI
3 mins read
HDFC says demand for home loans remains strong despite higher rates
Housing Development Finance Corporation today reported a 22% growth in profit after tax at ₹ 3,669 …
1 min read
Major housing finance firm says demand for home loans continue to be strong across segments
Its profit after tax rose to Rs 3,261 crore from Rs 2,926 crore in the corresponding quarter of …
5 mins read
Bajaj Finance’s strong digital move made it bigger than home loans giant HDFC
Pune-based financial services company, Bajaj Finance, has now become the eighth largest company in …
1 min read
HDFC Bank records 15.8% loan growth, 20% rise in advances in Q1 FY24
Private sector lender HDFC Bank said loans grew 15.8% to ₹ 16,15,500 crore in the first quarter of …
PTI
2 mins read
HDFC seals world’s largest social loan worth $1.1 billion for affordable housing
Mortgage lender HDFC Ltd on Friday announced the completion of a $1.1 billion syndicated social loa…
3 mins read
Government merges the Department of Public Enterprises with the Finance Ministry to bring better control over state-owned firms
Finance ministry will now have six departments while DPE's hereto parent ministry, the ministry …
PTI
5 mins read
Top stock movers — Future Enterprises, HAL, Suntek, Oberoi Realty, M&M, ICICI Bank, Maruti Suzuki, Bajaj Auto and more
Indian benchmark stock index, Sensex advanced over 175 points in early trade on Thursday, led by fi…
1 min read
HDFC to raise up to ₹10,000 crore next week
"The object of the issue is to augment the long-term resources of the Corporation. The proceeds …
PTI
1 min read
BSE and NSE suspend trading in shares of Dewan Housing Finance Corporation Ltd (DHFL) from Monday
The development follows the approval of the resolution plan of Piramal Capital & Housing Fin…
1 min read
PNB Housing Finance signs pact with IIT Delhi to develop sustainable PPE kits
The PPE kits developed will then be supplied to government hospitals, PNBHFL said in a release. …
PTI
2 mins read
NCLT approves Zee-Sony merger, paves way for creation of USD 10 bn media giant
The National Company Law Tribunal (NCLT) on Thursday allowed the merger of Zee Entertainment Enterp…
PTI
5 mins read
Mutual fund company stocks bleed this year, thanks to tax hit on debt funds and strict expense ratio norms
The year 2023 has not been kind to asset management companies listed on Indian stock exchanges. The…
1 min read
RBI approves takeover of DHFL by Piramal Group
The Reserve Bank of India (RBI) has approved the takeover of Dewan Housing Finance Corporation Ltd …