Tag: housing finance companies

Housing FinanceLatest Stories

RBI Expands Term Money Market Access for AIFIs, Housing Finance

MUMBAI: The central bank has permitted All India Financial Institutions (AIFIs) and housing finance companies to borrow funds from the term money market, while also increasing the borrowing limits for standalone primary dealers, as per draft master directions released Thursday. AIFIs—including the Export-Import Bank (Exim), National Bank for Agriculture and Rural Development (NABARD), National Housing Bank (NHB), Small Industries Development Bank of India (SIDBI), and National Bank for Financing Infrastructure and Development (NaBFID)—can now participate as both borrowers and lenders in the term money market, according to the RBI. Housing Finance Companies (HFCs), excluding basic-level Non-Banking Financial Companies (NBFCs), will…

Housing FinanceLatest Stories

Areion Seeks RBI Nod for ₹936 Crore Aviom India Acquisition

RBI MUMBAI: Areion Group has formally requested approval from the Reserve Bank of India (RBI) for its planned ₹936-crore acquisition of the troubled mortgage lender Aviom India Housing Finance. Sources indicate that the regulator’s ‘fit-and-proper’ assessment will likely include a detailed investigation beyond just commercial aspects. The RBI is expected to carefully examine the source of funds, governance history, and ownership structure of Areion Group’s proposed takeover, announced four months ago, as part of its fit-and-proper review, according to the aforementioned sources. “The regulator’s priority will be to trace the origin of the funds and verify that the acquisition is…

Housing FinanceLatest Stories

LIC Housing Finance’s Net Profit Up 2.97% to ₹5,604.24 Crore

NEW DELHI: LIC Housing Finance has announced a net consolidated profit growth of 2.97% for the financial year 2025-26. The profit after tax reached ₹5,604.24 crore compared to ₹5,442.70 crore in FY25, according to a BSE filing. The company’s net consolidated total income for FY26 was ₹28,843.49 crore, reflecting a year-on-year increase of 2.64% from ₹28,100.60 crore in FY25. In Q4 FY26, net consolidated total income saw a decline of 1.25%, amounting to ₹7,212.01 crore, down from ₹7,303.51 crore in the same quarter of the previous year. However, profit after tax increased by 8.66% to ₹1,492.63 crore, compared to ₹1,373.63…

Housing FinanceLatest Stories

Aptus Value Housing Profit Up 25.52% to ₹942.94 Crore in FY26

NEW DELHI: Aptus Value Housing Finance has announced a 25.52% increase in its net consolidated profit for the financial year 2025-26, reporting a profit after tax of ₹942.94 crore compared to ₹751.24 crore in FY25, according to a filing with the BSE. The company’s net consolidated total income reached ₹2,245.48 crore in FY26, reflecting a 24.86% growth from ₹1,798.40 crore in FY25. In Q4 FY26, net consolidated total income rose by 18.80%, reaching ₹593.11 crore, up from ₹499.23 crore in the same quarter last year. Profit after tax also grew by 26.05%, totaling ₹260.95 crore in Q4 FY26, compared to…

Housing FinanceLatest Stories

Aadhar Housing’s FY26 Net Profit up 20.18% to ₹1,095.88 Crore

NEW DELHI: Aadhar Housing Finance reported a 20.18% increase in net consolidated profit for the financial year 2025-26, with profits after tax reaching ₹1,095.88 crore compared to ₹911.83 crore in FY25, as stated in a BSE filing. The net consolidated total income rose to ₹3,686.88 crore in FY26, reflecting an 18.59% increase from ₹3,108.91 crore in FY25. In Q4 FY26, net consolidated total income surged by 19.03% to ₹992.51 crore, up from ₹833.84 crore in the same quarter the previous year. Profit after tax for this quarter increased by 26.99% to ₹310.92 crore compared to ₹244.84 crore in Q4 of…

Housing FinanceLatest Stories

Aadhar Housing Finance’s Net Profit Soars 20.18% to ₹193.40 Crore

NEW DELHI: Aadhar Housing Finance has reported a consolidated net profit growth of 20.18% for the financial year 2025-26. The profit after tax reached ₹1,095.88 crore in FY26, up from ₹911.83 crore in FY25, according to a BSE filing. The company’s total consolidated income rose by 18.59% to ₹3,686.88 crore in FY26, compared to ₹3,108.91 crore in FY25. In Q4 FY26, total income grew by 19.03% to ₹992.51 crore, compared to ₹833.84 crore in the same quarter last year. Profit after tax increased by 26.99% to ₹310.92 crore in Q4 FY26, up from ₹244.84 crore in the corresponding quarter of…

Housing FinanceLatest Stories

Aditya Birla Housing Finance Allocates ₹2,750 Crore to Indriya

NEW DELHI: Aditya Birla Housing Finance (ABHFL) has successfully raised approximately ₹2,750 crore by issuing equity shares to Indriya, a company associated with global private equity firm Advent International. The firm allocated over 12.32 crore equity shares at ₹223.12 each on April 17, 2026, as noted in a regulatory filing. As a result of this transaction, Indriya now owns a 14.29% stake in ABHFL on a fully diluted basis. This also means that ABHFL is no longer a wholly owned subsidiary of Aditya Birla Capital (ABCL), with the parent company’s stake decreasing to 85.5%. The capital raise aligns with a…

Housing FinanceLatest Stories

Truhome Finance submits ₹3,000-crore IPO application

NEW DELHI: Truhome Finance, backed by private equity firm Warburg Pincus, has submitted preliminary documents to the Securities and Exchange Board of India (Sebi) seeking to raise ₹3,000 crore through an initial public offering (IPO). The IPO consists of a fresh issue of equity shares totaling ₹1,500 crore and an offer for sale (OFS) of equity shares also valued at ₹1,500 crore from its promoter, Mango Crest Investment Ltd, as detailed in the draft red herring prospectus (DRHP). The funds raised from the fresh share issue will be used to strengthen the capital base to satisfy future funding needs, including…

Housing FinanceLatest Stories

NHB Advocates for Lower Home Loan Rates; Lenders Delay Cuts

MUMBAI: Sanjay Shukla, the managing director of the National Housing Bank (NHB), recently urged major home financiers to lower prime lending rates in a discussion with key industry players, as reported by RealtyDailyNews. However, mortgage lenders have postponed any rate cuts until their annual internal benchmarks are reassessed in April. “During our call, the NHB chairman stressed the need for the ecosystem to transmit lower rates to borrowers, asserting that the advantages of reduced borrowing costs haven’t reached existing clients,” stated the CEO of a major housing finance company (HFC). “While HFCs are securing funds at significantly lower market rates,…

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…