Housing Development Finance Corporation News

HDFC’s home loan rates now start from 7.55%. PNB has increased the lending rates on home loans by 15 basis points or 0.15%. State Bank of India increased the home loan lending rates by 40 basis points or 0.40% to 7.05%.

With this offer, customers can get an HDFC Home Loan starting at 6.70 percent from September 20 onwards. This is a close-ended scheme and will be valid till October 31, 2021, the lender said. Besides HDFC Bank, other banks including State Bank of India (SBI), Bank of Baroda, Kotak Mahindra, and PNB had cut down home loan rates.

Total income increased to Rs 12,996 crore in Q1 FY20 as compared to Rs 9,952 crore in Q1 FY19, HDFC said in a statement.

HDFC said it will pay the dividend on July 27, after approval by board members.

HDFC, India's largest private sector mortgage lender, Monday raised Rs 30 billion by issuing the world's first ever "Masala" or rupee-denominated bond outside India in London Stock Exchange, a landmark event that will boost economic ties between India and the UK post Brexit.

Country's largest mortgage lender HDFC Wednesday reported a rise of 11.03 percent in consolidated net profit at Rs 2,419 crore for the third quarter ended December 31.

Housing Development Finance Corporation (HDFC) Limited has announced its financial results for the quarter ended June 30 in which the company`s standalone profit after tax stood at Rs. 1,361 crore.

Shares of Housing Development Finance Corporation fell over 2 percent Tuesday after the company's June quarter earnings failed to impress investors.

Country's largest mortgage lender HDFC on Tuesday reported an 18 percent growth in consolidated net profit at Rs 2,204 crore on the back of a healthy 19 percent loan growth in the three months to June.

India's leading home loan provider Housing Development Finance Corporation Limited (HDFC) on Friday cut its home loan rates by 0.20 percent to 9.90 percent from the existing 10.10 percent.

Shares of Housing Development Finance Corporation Monday rose by 3 percent after the company reported 14.6 percent rise in its standalone net profit for the first quarter ended June 2014.