RBI has decided to reduce the maturity period for public deposits to five years and enhance the requirement of maintaining liquid assets against liabilities, RBI's Proposed Norms To Tighten Regulations For housing finance companies: All You Need To Know
Foreign brokerage Jefferies in its report said that Can Fin Homes, LIC Housing Finance, and PNB Housing will have minimal impact from the proposed norms.
In a report issued on 18 August, Care Ratings said the rating downgrade has been due to “disassociation with Cyrus Poonawalla Group post the sale of 99% stake in the HFC (housing finance company) to private equity player TPG’s affiliate Perseus.”
Stocks that will see action today: July 27, 2023 - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Share Market Highlights 27 July 2023: Sensex falls 440 points, Nifty tests 19,650 on July contracts expiry; Cipla spurts nearly 10% thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.