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Saturday, November 2, 2024
TopicHousing finance

Topic: Housing finance

Bajaj Housing Finance becomes India’s most valuable housing financer as shares double in IPO

The company's IPO attracted bids worth about $38.60 billion, making it the most sought-after opening this year. 200 debutant companies have raised more than $7 billion this year.

Modi govt’s SWAMIH fund is beginning to deliver on stalled housing projects

The fund will hand over more than 4,000 homes starting 1 April. The govt has 50% investment in the fund, LIC & SBI each have 10% and rest are other public and private-sector players.

Restrictions on home loans likely to worsen liquidity crunch in real estate sector

The National Housing Bank, India's housing regulator, has restricted certain mortgage-payment plans that developers typically use to push sales.

Promoters of housing finance major DHFL swindled Rs 31,000 crore, alleges Cobrapost

Cobrapost exposé accuses three promoters of money laundering through shell companies, DHFL stocks fall more than 6% on Bombay Stock Exchange.

Lesson from IL&FS crisis: Indian finance firms need to hold assets that can be collateral

Lenders like IL&FS have amassed large balance sheets but their assets can’t be easily pledged even in normal times.

On Camera

As a Hindu Canadian, I am deeply hurt by cancellation of Diwali. My community is now sidelined

Canada faces serious foreign interference issues, but these challenges must not be weaponized to unfairly target friendly and important allies like India.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

Indian firms sanctioned by US didn’t violate laws, says MEA. Hyderabad firm that supplied to Army on list

Among 19 Indian firms sanctioned by US Treasury Dept was Lokesh Machines Ltd accused of coordinating with 'Russian defence procurement agent to import Italy-origin CNC machines'.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.