Tag: can fin homes

Housing FinanceLatest Stories

Can Fin’s Growth Journey Expands in the North

Can Fin Homes has seen its stock rise nearly 22% in the last three months, with a 10% increase following the announcement of its second-quarter results on October 18. Over the same period, the BSE Financial Services index has gained more than 9%, with a 2% increase since October 18. The housing finance company expects to boost its Assets Under Management (AUM) growth to over 15% in FY27, compared to an anticipated 12% for the current fiscal year. This growth will be driven by an expansion in Northern regions and a recovery in its current markets in the South. In…

Housing FinanceLatest Stories

IIFL Home Finance Names Girish Kousgi as MD & CEO

NEW DELHI: IIFL Home Finance, part of IIFL Finance, has named Girish Kousgi as its managing director and chief executive officer, starting October 30, 2025. Kousgi will oversee all business operations, focusing on home loans, the non-home loan segment, MSME loans, and construction finance. Before joining IIFL Home Finance, he was the MD & CEO of PNB Housing Finance. With almost 30 years of experience, he has held senior roles at Can Fin Homes, Tata Capital Financial Services, IDFC Bank, and ICICI Bank. Published On Oct 30, 2025 at 01:23 PM IST Join a community of over 2M industry professionals!…

Housing FinanceLatest Stories

Can Fin Homes Q2 FY26 Net Profit Rises 18.89%

NEW DELHI: Can Fin Homes (CFHL) has announced an 18.89% increase in its net consolidated profit for the quarter ending September 30, 2025. The profit after tax for Q2 FY26 reached ₹251.42 crore, up from ₹211.48 crore for the same period last year, according to a BSE filing. The company reported a net consolidated total income of ₹1,049.45 crore for Q2 FY26, reflecting a growth of 9.01% from ₹962.69 crore in the corresponding quarter of the previous fiscal year. As of September 2025, the loan portfolio stood at ₹39,657 crore, compared to ₹36,591 crore in the same quarter last year,…

Housing FinanceLatest Stories

NHB Unveils Refinance List to Prevent Misuse

MUMBAI: In a significant move towards transparency, the National Housing Bank (NHB) has released, for the first time, the list of beneficiaries under its refinance scheme. This initiative aims to prevent the misuse of NHB’s name by various lending institutions. This decision follows the exposure of Aviom India Housing Finance, which reportedly used outdated NHB refinance sanction letters, some dating back three to four years, to obtain loans from banks. “The NHB is committed to ensuring such incidents as those involving Aviom do not occur again. By making its refinance list public, it seeks to deter fraudulent entities from leveraging…