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dewan housing finance

Home loans witnessed notable growth during Q1 2014-15

Home loans witnessed notable growth during Q1 2014-15
The home-loan figures released by home financiers for the first quarter of fiscal 2014-15 have revealed that potential home buyers are no longer postponing their decision to purchase a home. According to the statistics shared by mortgage bigwig HDFC, the company witnessed a year-on-year growth of 23 percent in its retail home loan book during the [...] Continue Reading »

DHFL plans to expand its presence in Tamil Nadu and Kerala by opening more branches

DHFL plans to expand its presence in Tamil Nadu and Kerala by opening more branches
In a move indicative of a planned expansion of the Dewan Housing Finance Corporation Ltd (DHFL), the company has revealed that it has efforts underway to broaden its presence in Tamil Nadu and Kerala. As a part of its expansion plan for the two mentioned states, DHFL will open more branches with the objective of [...] Continue Reading »

Axis introduces home loan scheme for people earning below Rs 10000

Axis introduces home loan scheme for people earning below Rs 10000
A senior bank official says that Axis Bank has launched a home loan scheme for the people whose per month income is less than Rs 10,000 per month. The bank is looking at disbursals of up to Rs 1,000 crore in a year’s time However these loans will have higher risk due to as the [...] Continue Reading »

NHB to tap funds from overseas market

NHB to tap funds from overseas market
The National Housing Board (NHB) shall raise $200 million through ECB (external commercial borrowing) within the next fortnight. This will ensure will ensure that home loan players meet the $1 billion target of foreign fund raising in FY14. NHB regulates pure-play home financiers. It refinances a part of the housing finance portfolios and acts as [...] Continue Reading »



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