Shriram Transport Finance Company has proposed to raise up to Rs 1350 crore through secured redeemable non-convertible debentures (NCDs) of the face value of Rs 1,000 each. The NCDs have a fixed rate of interest, with seven different series. The NCDs have tenures of three, five and 10 years, with monthly, annual and cumulative payment … Read more
Indiabulls Housing Finance has increased interest rates on home loans by 20 basis points (bps). The increase in the lending rates reflects the rise in cost of funds. The rate of interest on new home loans for women applicants/co-applicants is 8.80% for loans of up to 35 lakh and 8.95% onwards for loans above 35 … Read more
L&T Finance Holdings has received an approval for the issuance of 2,50,00,000 Cumulative Compulsorily Redeemable Non-Convertible Preference Shares (CRPS) of face value of Rs 100 each at par aggregating to a nominal amount of Rs 250 crore on a private placement basis. The CRPS will be unlisted but may be listed subsequently at the option … Read more
Indiabulls Housing Finance is eyeing 20 percent plus growth in its business in the current macro environment. The company’s statement comes amidst concerns of liquidity crisis for the NBFC sector. It has over the years followed strict discipline of maintaining an optimally matched balance sheet, high liquidity and high capital adequacy. Indiabulls Housing Finance is … Read more
PNB Housing Finance is currently trading at Rs. 857.30, up by 4.40 points or 0.52% from its previous closing of Rs. 852.90 on the BSE. The scrip opened at Rs. 853.00 and has touched a high and low of Rs. 868.85 and Rs. 853.00 respectively. So far 2103 shares were traded on the counter. The … Read more
Indiabulls Housing Finance has raised funds aggregating to Rs 350 crore through allotment of its seventh tranche of Secured, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs 10 lakh each. The date of allotment is October 04, 2018. Indiabulls Housing Finance is the second largest private housing finance company in India, regulated by the National … Read more
SRG Housing Finance has received sanction of credit facilities of Rs 12 crore by Nabsamruddhi Finance. The Board of Directors of the Company at its meeting held on October 3, 2018 considered the same. SRG Housing Finance is a housing finance company. The company is engaged in providing home loans for construction, additions, alterations, and … Read more
