Sun, May 26, 2019
With the new government taking charge this week, top-level and senior appointments to financial institutions that are pending for months are expected to be cleared soon, sources said. A government-appointed panel had conducted interviews to fill top positions at National Housing Bank (NHB) and I
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Mon, Mar 11, 2019
NHB on March 4 proposed to increase the minimum capital adequacy requirement for housing finance companies (HFCs) to 15 percent in phased manner by March 31, 2022 from the present 12 percent.
Volatility in the debt financing markets is a key risk for the HFCs because short-term funding is increasing and is used to fund long-dated assets. Additionally, these companies maintain very little backup liquidity, it noted.
Fri, Jun 10, 2016
The government's stake in this fund is fixed at 49%.
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