Bajaj Housing Finance Limited, a subsidiary of Bajaj Finserv Limited, is gearing up for a major Initial Public Offering (IPO) with a price band set between ₹66 and ₹70 per share. The IPO is set to open on September 9, 2024, and aims to raise around ₹6,560 crore through a combination of a fresh issue […]
Intercontinental Exchange, Inc. (NYSE: ICE), a global leader in technology and data solutions, has announced pivotal updates to its Encompass digital mortgage lending platform. These enhancements are strategically designed to tackle the unprecedented affordability challenges currently facing prospective homebuyers. With housing affordability at its lowest in decades, the latest upgrades aim to streamline mortgage origination, […]
Shalibhadra Finance Limited (BSE Code – 511754), with a market capitalization of Rs. 438 crores, has announced a strategic expansion of its product portfolio by introducing small-ticket size housing finance, targeting the vast rural areas of India. This expansion aims to complement the company’s existing expertise in financing two-wheelers, leveraging over two decades of deep-rooted […]
In a major strategic move, Shriram Finance Limited (SFL), a leader among India’s non-banking financial companies (NBFCs), has agreed to sell its subsidiary, Shriram Housing Finance Limited (SHFL), to global growth investor Warburg Pincus. The transaction, valued at Rs 4,630 crores, includes equity and convertible instruments of SHFL. Warburg Pincus will execute the purchase through […]