Category: Housing Finance

Follow the latest trends in housing finance, including home loan rates, mortgage policies, RBI updates, and government schemes. Stay informed about financial products and regulations that impact homebuyers, investors, and lenders in the real estate market.

Housing FinanceLatest Stories

Roha Group Secures ₹400 Crore from Private Credit Investors

Roha Housing Finance, a subsidiary of Roha Group, has successfully raised ₹400 crore from alternative credit investors via a structured private credit transaction involving a promoter-owned vehicle. Key participants included ICICI Prudential Corporate Credit Opportunities Fund, Nippon India Credit Opportunities Fund, and ASK Alternate Private Credit Fund. The capital will be utilized to bolster Roha Housing Finance, increasing its assets under management from approximately ₹1,250 crore to around ₹5,000 crore in the coming years, as per sources. The funds are being raised through Compulsory Convertible Debentures (CCDs) and Compulsory Convertible Preference Shares (CCPS), which serve to strengthen capital at the…

Housing FinanceLatest Stories

PNB Housing Finance Q3 FY26 Net Profit Rises 7.71%

NEW DELHI: PNB Housing Finance has reported a net consolidated profit growth of 7.71% for the quarter ending December 31, 2025. The profit after tax reached ₹520.55 crore in Q3 FY26, up from ₹483.27 crore in the same quarter of the previous financial year, as stated in a BSE filing. The net consolidated total income for Q3 FY26 stood at ₹2,120.66 crore, reflecting a 9.14% increase from ₹1,943.11 crore recorded during the same period last year. As of December 31, 2025, the company’s net worth was ₹18,502.28 crore. The debt-equity ratio was 3.63, total debts to total assets ratio stood…

Housing FinanceLatest Stories

RBI Urges NBFCs, HFCs to Uphold Underwriting Standards

Sure! Here’s a rewritten version of the content you provided: MUMBAI: On Monday, Reserve Bank Governor Sanjay Malhotra emphasized the necessity for robust underwriting standards and meticulous asset quality monitoring during a meeting with senior officials from selected non-banking financial companies (NBFCs). This engagement is part of the Reserve Bank’s ongoing dialogue with regulated entities. The Governor convened with managing directors and chief executive officers (MDs and CEOs) of various NBFCs, including government-backed firms, housing finance companies (HFCs), and microfinance institutions. In his opening remarks, the Governor acknowledged the vital role NBFCs and HFCs play in promoting credit flow. He…

Housing FinanceLatest Stories

NHB Flags PMAY 2.0 Disbursal Delay, Urges Finance Firms to Act

MUMBAI: The National Housing Bank (NHB) is advocating for increased adoption of PMAY 2.0, highlighting slower-than-anticipated disbursements in the interest subsidy scheme, as per sources involved in discussions with home financiers and regulators. In a recent meeting with chief executives of major housing finance companies (HFCs), the NHB leader expressed concerns that disbursements were “not meeting expectations” and encouraged lenders to intensify their focus on the program, according to officials who participated in the discussions. “The goal is to significantly enhance PMAY 2.0, yet the disbursement pace has been underwhelming,” remarked an official with insight into the matter. “The regulator…

Housing FinanceLatest Stories

Aviom India Housing Finance Promoter Presents Full Settlement Plan

Representative AI image KOLKATA | MUMBAI: The promoter of Aviom India Housing Finance is currently in bankruptcy proceedings and has submitted a revised repayment proposal. This development follows Unity Small Finance Bank winning the bidding for Axiom in a challenge auction. Promoter Kajal Ilmi indicates that the offer includes an upfront payment of ₹554 crore, with the remainder (60% of the owed amount) to be settled over the next 28 months. This upfront payment consists of ₹360 crore in cash available on the company’s books. Aviom India’s administrator, Ram Kumar, has not responded to emailed inquiries and has acknowledged 60…

Housing FinanceLatest Stories

Unity Small Finance Bank Wins Auction for Aviom India Housing

MUMBAI: Unity Small Finance Bank has successfully bid for the bankrupt Aviom India Housing Finance, offering an upfront payment of ₹977.5 crore, according to sources familiar with the matter. Initially, six companies expressed interest in acquiring Aviom India Housing Finance under the National Company Law Tribunal (NCLT) process, with three ultimately participating in the auction held last week. Areion, a fund backed by Omkara Asset Reconstruction Company, and Authum Investment and Infrastructure were the other two bidders in the auction conducted by Ram Kumar, the RBI-appointed administrator and former general manager of Punjab National Bank. “The bidding involved 13 rounds,…

Housing FinanceLatest Stories

LIC Housing Finance cuts new home loan rates to 7.15%

NEW DELHI: LIC Housing Finance Ltd announced on Monday that it has lowered its interest rate on new home loans to 7.15 percent. The new rates will take effect from December 22, 2025, with interest starting at 7.15 percent for newly sanctioned home loans. This decision comes as homebuyers continue to cautiously evaluate their purchasing choices, and the reduction is anticipated to enhance homebuyer sentiment. LIC Housing Finance aims to make home ownership more accessible with this initiative. This reduction follows the Reserve Bank of India’s Monetary Policy Committee’s recent 25 basis points repo rate cut. Published On Dec 22,…

Housing FinanceLatest Stories

IFC to Invest ₹300 Crore in Grihum Housing’s RMBS

NEW DELHI: The International Finance Corporation (IFC) aims to enhance homeownership among low- and middle-income families by investing up to ₹300 crore (approximately USD 30 million) in Residential Mortgage-Backed Securities (RMBS) issued by Grihum Housing Finance, a company specializing in affordable housing finance. This issuance aims to stimulate private capital for affordable mortgage lending and develop India’s RMBS market, according to a statement released by the IFC, an entity of the World Bank Group, on Friday. RMBS instruments are securities backed by collections of retail residential mortgages. They enable housing finance providers to transform loan cash flows into tradable securities,…

Housing FinanceLatest Stories

Rising Defaults on Micro Loans Secured by Property

MUMBAI: TransUnion CIBIL’s December 2025 Credit Market Report highlighted a year-on-year increase in early-stage delinquencies for micro-loans secured against property (micro-LAP) and micro-housing loans. The report indicates that lenders are now focusing on borrowers with credit scores exceeding 750 and a solid credit history. According to the report, delinquency rates in the micro-LAP segment rose by 45 basis points to 3.3% as of September 2025. Early delinquencies, defined as loans overdue by 90 days or more within 12 months, increased by 29 basis points year-on-year to 2.2% for loans originated in the quarter ending September 2024, which is notably higher…

Housing FinanceLatest Stories

Ajai Kumar Shukla Appointed MD and CEO of PNB Housing Finance

India’s PNB Housing Finance has appointed Ajai Kumar Shukla as its managing director and CEO for a five-year term starting December 18, resulting in a 5% increase in the mortgage lender’s shares. Shukla brings over 30 years of experience in housing and mortgage lending and will take over from Girish Kousgi, who was instrumental in accelerating the company’s growth in the affordable housing sector, outperforming its competitors. The announcement comes as significant home financiers face growing challenges from banks in the luxury home lending market, while affordable housing has become more appealing due to higher yields and limited competition. Currently…