India Shelter Finance set to launch IPO in December; looks to raise ₹1,800 cr
The company aims to empower women by ensuring that a majority of its loans have women as the first applicants, says MD & CEO Rupinder Singh.
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Home loans to get dearer with repo rate hike
The repo rate hike could impact residential sales to some extent during the upcoming festive quarter, particularly in the affordable and mid-range housing segments, says Anuj Puri of ANAROCK.
Should you buy a house amidst rising interest rates?
Anuj Puri, Chairman, ANAROCK Group, sees another 50 to 100 basis point increase in the interest rate before the taming of inflation happens.
Housing finance companies to concede market share to banks: CRISIL
HFCs are expected to continue losing home-loan market share to banks amid stiff competition.
Home loan interest rates to edge higher after repo rate hike
This is the third consecutive rate hike and finally marks the end of the all-time best low-interest rates regime, says Anuj Puri of Anarock.
HDFC Bank, ICICI Bank raise interest rates after RBI repo rate hike
HDFC Bank raises MCLRs by 35 bps across all tenors; ICICI Bank says EBLRs hiked by 50 bps to 8.60% per annum from June 8.
Loan EMI to get costlier after RBI's repo rate hike
The rate hike will push up home loan interest rates, which had already started going up after the surprise monetary policy announcement last month.
Consumer Credit Growth At All-Time High
Restructured standard advances ratio, especially of services and retail loans, has shown a sharp increase in FY21 though. Some of these could turn into NPAs, adding to banks’ stress assets.
RBI's U-turn: Is it the end of low interest rates on home loans?
This rise in interest rates will ultimately impact overall acquisition cost for homebuyers and dampen sales, says Anuj Puri of ANAROCK Group.
Bad news for homebuyers! Loan EMI to get costlier
The repo rate hike will translate into higher EMIs for home loans, say industry experts.
