HFCs have slowed down their loan disbursements | RealtyMyths

The nation’s state-owned banks have been burdened with bad debts for several years.DHFL separately announced it had defaulted on interest payments worth 2,858 crore on NCDs on 6 July and 8 July

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Extension of loan tenure, fresh working capital and strategic investment is on the company’s agenda.. Kartik Srinivasan of ICRA told BTVI that growth for mortgage industry slowed down in FY19 and that the slowdown driven by HFC sector on liability front. HFCs grew at 10% on the back of lower disbursements, he added. 7mins, Have Buy Rating On.

Also, there are concerns on the asset quality in case of select segments like small business credit and loan against property should the incremental funding to these.. as compared to March 2018 as entities slowed-down disbursements.. January, 2019: Disbursement by HFCs and NBFCs to slowdown in.

 · One of India’s biggest housing finance companies, Dewan Housing Finance Corp Ltd (DHFL), warned on Saturday that its financial situation was so grim that it may not survive. DHFL posted a net loss of 22.23 billion rupees ($324.3 million) during the quarter compared with a profit of 1.34 billion

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MUMBAI: Loan book growth for housing finance companies (HFCs) halved from 21% in the first half of FY19 to 10% in the second half, bringing down full-year growth to 16%. For the first time in at.

First, international crude oil prices have declined sharply from their October 2018 level, even though they have rebounded in recent months. Crude oil prices (Indian basket) fell from their peak of around US$ 85 a barrel in early October 2018 to a low of around US$ 52 at end-December on the back of higher supplies and a slowdown in global demand.

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The Maharashtra government has recently issued a notification on Amnesty Scheme 2019, in the best interest of homebuyers who have not yet completed the registration process for their property. Such homebuyers are now being allowed to pay stamp duty on the property purchased along with a nominal penalty.

Oklahomans clean up after flood; Arkansans brace for crest Storm-weary residents of Oklahoma were gutting waterlogged homes Sunday as the Arkansas River continued its slow crest rolling hundreds of miles downstream in Arkansas, even as many kept a.

When an applicant defaults on a home loan, the Bank/NBFC/lender first tries to get in touch with the customer. They generally then listen to the customer"s problem and try to understand the cause of the default. After that, the lender then gives c.