Bank see rising stress in retail books: Cibil data
Delinquencies in home loans, one of the biggest contributors of the ongoing retail lending boom, however is marginal with only a 0.22 percent spike to 1.73 percent.
Dec 20, 2018, 11:39 AM IST
HDFC gets RBI nod to raise Rs 3,000 crore more in masala bonds
Having already exhausted a Rs 5,000 crore limit to issue 'masala bonds', mortgage major HDFC on Saturday said the Reserve Bank has granted it permission to raise another Rs 3,000 crore from the newly emerging route.
Dec 17, 2016, 17:57 PM IST
US asks Deutsche Bank to pay $14 billion to settle mortgages case
The U.S. Department of Justice is asking Deutsche Bank to pay $14 billion to settle an investigation into its selling of mortgage-backed securities, Germany`s flagship lender said on Friday.
Sep 16, 2016, 05:09 AM IST
Credit Suisse to pay $29 million in US regulator's mortgage case
Credit Suisse Group AG has agreed to pay more than $29 million to resolve a U.S. regulator`s claims that it sold toxic mortgage-backed securities to credit unions that later failed, according to court papers filed on Thursday.
Mar 25, 2016, 05:22 AM IST
Ed Sheeran paid off friend's mortgage
London, Oct 27 (IANS) Singer Ed Sheeran helped his childhood friend Amy Wadge to pay off her mortgage by allowing her contribute to his last album “X”.
Oct 27, 2015, 04:29 AM IST
In a first, ICICI launches loan product with mortgage guarantee
In a first in the extremely competitive home finance market, ICICI Bank Wednesday launched a mortgage product backed with a guarantee to help the borrower avail more credit and also extended the tenure, for an upfront fee of 2 percent of the loan amount.
Aug 26, 2015, 22:54 PM IST
HDFC Q1 Net up 18% on healthy loan growth
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.
Jul 28, 2015, 16:01 PM IST
HDFC to raise Rs 90,000 crore from NCDs
Country's largest mortgage lender HDFC Ltd Friday said it plans to raise a total of Rs 90,000 crore from various instruments including non-convertible debentures and warrants to fund business expansion.
Jul 17, 2015, 22:22 PM IST
HDFC Q1 tax out go up 12% at Rs 465 crore
Mortgage major HDFC Monday reported 12 percent increase in its advance tax outgo to Rs 465 crore for the first quarter of the current fiscal.
Jun 15, 2015, 19:14 PM IST
HDFC proposes to raise Rs 5,000 cr via NCDs and warrants
HDFC Ltd, the country's largest mortgage lender, Monday said it has plans to raise Rs 5,000 crore by issuing non-convertible debentures (NCDs) and warrants to institutional investors to fund its business growth.
Jun 08, 2015, 22:49 PM IST
Dewan Housing hits overseas market with $130 mn QIP issue
Mortgage major DHFL has hit the international markets to raise up to USD 130 million through a qualified institutional placement (QIP) of shares, sources in merchant bankers said today.
Feb 24, 2015, 23:16 PM IST
S&P to pay $1.37 bn in mortgage bond cases: Sources
Standard & Poor`s is expected to agree within days to pay $1.37 billion to settle lawsuits over its rosy grading of mortgage bonds in the financial crisis, sources told AFP Wednesday.
Jan 28, 2015, 22:39 PM IST
JPMorgan faces suit over $10 bn in mortgage bonds
JPMorgan Chase will face a US class-action lawsuit over the sale of $10 billion worth of allegedly falsely valued mortgage bonds before the financial crisis, a judge has ruled.
Oct 01, 2014, 20:16 PM IST
Bank of America agrees to record $17 bn deal over mortgage fraud
Bank of America agreed Thursday to a record nearly USD 17 billion deal with US justice authorities to settle accusations over dodgy mortgage securities it issued ahead of the 2008 financial crisis.
Aug 21, 2014, 19:06 PM IST
US Justice Department preparing to sue Citigroup
Spokesmen in New York for Citigroup didn't immediately return calls seeking comment on Friday.
Jun 14, 2014, 09:29 AM IST
