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Fall in revenues

Rising Interest Rates affects Housing Finance Companies

Rising Interest Rates affects Housing Finance Companies
HDFC posted a marginal growth in the net profit; however LIC Housing and Dewan Housing both reported a severe drop in the financial market. During the month of June 2011, both of these financial sectors reported a severe decline in sanctioning loans and there are few borrowers approaching them for funding. The actual impact is [...] Continue Reading »



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