“What has taken a number of. executive of HDFC, which was founded in 1977 as the country’s first specialized mortgage bank, practically the first words out of his mouth were these: “We don’t do interest-only or subprime loans.

Mumbai, July 24 (IANS) Lending major HDFC Bank on Monday reported an exponential rise of. from Rs 7,781.4 crore for the quarter ended June 30, 2016, driven by average loan growth of 20.7 per cent and a core net interest margin for the.

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MUMBAI (Reuters) – Two of India’s biggest private-sector lenders – HDFC Bank Ltd and Kotak Mahindra Bank Ltd – each reported a 20 percent rise in third-quarter net profit on Friday due to strong lending growth and as bad loans remained.

(Reuters) – Newly-listed UK bank Shawbrook Group Plc said its first-half profit nearly doubled, driven by an increase in its loan book. The bank, which was founded in 2011 and went public this year, said it remained well-placed to respond to.

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. as a housing finance company.The company’s offerings include loans for purchase and construction of a residential unit, purchase of land, home improvement loans, home extension loans, non-residential premise loans for.

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Accordingly, ICICI Bank and HDFC Bank are in the first bucket. The banks need an additional tier I capital of 0.1 percent.

Currently, HDFC owns 61.21% stake in the joint venture, which will come down to 51.69%, while Standard Life’s 34.75% shareholding will come down to 29.35% post the IPO. "We believe that this IPO does a number of things for us, one of.

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HDFC also markets project advisory services and capital market products such as Global Deposit Receipts, Euro currency loans, and Euro currency bonds. SmarTrend will continue to scan these moving averages and a number of other.

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Seven years after he settled a loan, a borrower is being subjected to numerous calls, notices and even arrest warrant. The only mistake, he committed was not to collect the NOC and account statement from the lender after his settlement.

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The higher bad loans had the bank making higher provisions which almost doubled, which led it miss the street estimate on the bottom line. Mumbai: A rise in core income helped HDFC Bank report a 20.2 percent jump in June quarter net at.

Even as bad loans continue to rise, a strong retail push has made India’s top three private banks hire more in 2015-16, compared to the previous fiscal, with HDFC Bank taking on. In the previous year, this number was reduced by 4,369.

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New Delhi: Stability in housing prices and favourable rupee movements are bringing back the NRIs in a big way to the real estate market, mortgage giant HDFC has said. To tap their interest, HDFC and also a number of property developers.

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Tenants advocates took their protests about the deteriorating quality of rental housing to the banks on Tuesday. The bank has made a number of loans to Pinnacle Group, a private equity group that has bought hundreds of residential.

“Nearly 80 farmers in the village have taken crop loans. They have more confidence in banks now. scholarships directly to bank accounts linked to a unique identification number. It is also likely to free farmers from the clutches of money.

We are seeing a steady pick-up in the home loan sanctions in the third quarter compared to the first two quarters of the financial year." Close rival and mortgage finance company HDFC has a home loan book of Rs 1,45,300 crore as on.

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The effect of all of this on jobs can be gauged from the fact that the number of openings for clerks at the exams. Of course there are other reasons, too, behind job losses. One is bad loans, which now form up to 12% of the total.