At the end of FY25, the lender’s asset quality has improved to 1.08%, compared to 1.5% a year earlier. The goal for this year is to reduce the gross non-performing assets (NPA) to below 1%.
Home financing startup Easy Home Finance has successfully raised $35 million in a funding round spearheaded by Ranjan Pai’s family office, Claypond Capital, alongside Japanese financial giant Sumitomo Mitsui Banking Corporation’s Asia Rising Fund. The startup has secured long-term financing through an NCD issuance with Franklin Templeton Alternative Investments Fund, India (Franklin Templeton AIF). This investment was facilitated through the Franklin India Credit AIF, a fund tailored for private credit opportunities. The funding will bolster the company’s expansion in promising housing regions and strengthen its capital foundation. “The support from Franklin Templeton significantly validates our strong credit framework, inclusive business…
NEW DELHI: Bajaj Housing Finance has reported a net consolidated profit growth of 20.86% for Q1 of the financial year 2025-26. The company’s post-tax profit reached ₹583.30 crore, compared to ₹482.61 crore in the same quarter last year, according to a BSE filing. In Q1 FY26, the company’s net consolidated total income was ₹2,618.45 crore, an increase of 18.55% from ₹2,208.73 crore reported in the previous year’s corresponding quarter. As of June 30, 2025, the company’s net worth was ₹20,508.37 crore, with a debt-equity ratio of 4.31. Total debts to total assets stood at 0.81, gross non-performing assets (NPA) at…
MUMBAI: Skybridge Ventures LLP has announced its acquisition of a 24.5% stake in India Home Loan Ltd through an off-market transaction. This acquisition underscores Skybridge Ventures’ confidence in the future growth prospects of affordable housing and retail financing in India, as stated by the Mumbai-based firm. Skybridge acquired over 34.99 lakh shares, constituting the 24.5% stake in India Home Loan Ltd, although specifics regarding the deal size were not disclosed. Based on the closing share price of India Home Loan on Friday, the value of the acquired stake amounts to Rs 14.85 crore. “India Home Loan Ltd has developed a…