Indiabulls Housing jumps 1.5% on CRISIL ratings upgrade; Morgan Stanley upbeat

In upgrading the rating, Crisil has factored continued healthy asset quality, robust capitalisation, strong profitability, healthy cover for asset-side risks, and sufficient liquidity. Indiabulls Housing Financegained over 1.5 percent intraday on Thursday as investors cheered positive brokerage views on the stock. Ratings agency Crisil upgraded the long-term rating of Indiabulls Housing Finance Limited (IBHFL), and its wholly owned subsidiary Indiabulls […]

Read more

Bigger RBL footprint in financial inclusion

Private sector lender RBL Bank has doubled its stake in Swadhaar FinServe – a captive business correspondent (BC) of the bank. It also has the rights to raise its stake in the latter to 100 per cent. The mid-sized bank on Monday said it had increased its stake in Swadhaar to 60.48 per cent from 30 per cent. Swadhaar is […]

Read more

Are you Eligible to get a Home Loan Subsidy?

he announcement by the Central government of India on 17th August 2016, ‘Housing For All by 2022’ was a welcome move! The initiative came clubbed with the Pradhan Mantri Awas Yojana (PMAY), and the scheme focuses on the urban poor Economically Weaker Sections (EWS), Lower Income Groups (LIG) and also on the Middle Income Groups (MIG) of the society. In short, […]

Read more
1 2 3 12