HFCs have slowed down their loan disbursements | RealtyMyths

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The ongoing NBFC crisis post IL&FS default has made things even more. are struggling and their loan disbursals to developers have slowed down significantly .. NBFCs and housing finance companies (HFCs) have played a major role in credit. loan approvals and disbursements, inevitably reducing residential property.

Shares of Dewan Housing finance corporation rallied 32 percent on August 6 after lenders were assured of no haircut on debt in the company’s resolution plan. The stock closed at Rs 55.40 on the.

In good news for the home loan borrowers, the State Bank of India (SBI) has slashed its marginal cost lending rates by 5 basis points. The new rate, that is effective from today, has come after a. As for old home loan borrowers, they still have to pay a higher rate on their home loans.

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Mumbai: Housing finance companies (HFCs) have slowed down their loan disbursements and this can have a spillover impact on both retail home loan borrowers and property developers, said India.

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1 day ago · DHFL declines 7% on reporting fresh default The company said it defaulted on obligations worth Rs1,571cr associated with bonds and commercial papers.

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