High interest
The realty market is picking up after the change of the government in the center and that is evident in the financial balance sheet of HDFC Ltd. The Housing Development Finance Corporation (HDFC) on Monday reported a net profit of Rs 1,344.66 crore, up by 14.62 % year-on-year (Y-O-Y), for the quarter ending June 30, [...] Continue Reading »
The Housing Development Finance Corp. Ltd (HDFC) has said that its net profit rose by 19 per cent in the quarter ended June as a result of strong growth in individual home loan borrowing. HDFC’s June quarter net profit rose to Rs. 1,001.9 crore from Rs. 844.53 crore last year, while its loan book stood [...] Continue Reading »
Rise in High interest is affecting the bond prices and also violating the stock market, resulting in the stocks of the banks valuation down by five years. The biggest private sector banks such as Axis Bank, ICICI, Kotak and YES Bank have proposed the customers to quote the price of the book value in concern [...] Continue Reading »
