LIC Housing Finance’s Q4 net profit rose 9.4% to Rs 1,497 crore, boosted by lower provisions. The lender also recommended a 500% dividend—Rs 10 per share—for FY26. In a separate update, Signature Global cut net debt by 77% to Rs 200 crore in FY26, while PAT surged to Rs 1,090 crore.
Housing finance startup Nivasa Finance raised ₹25 crore in a seed round led by Prime Venture Partners, with participation from Blume Ventures, Whiteboard Capital, and angels. Founded in 2025, the Bengaluru-based platform links borrowers in rural and semi-urban markets to banks and NBFCs, using remote onboarding and doorstep service. It plans to expand in 12 months, strengthen partnerships, and pursue an NBFC licence.
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Aadhar Housing Finance posted a 27% jump in Q4 profit to Rs 311 crore, backed by stronger loan disbursements and continued business expansion. Assets under management rose 20%, while asset quality remained stable, easing concerns even as the lender scales. The company said it expects growth to continue, supported by planned branch expansion.
Tata Capital expects a strong FY27 performance supported by growth, better margins and operating efficiency. The firm highlights a continued drop in credit costs, attributing it to a disciplined risk culture and the adoption of AI. Looking ahead to FY28, it targets 23–25% loan growth, focusing on housing finance and retail products to improve returns.
Allegations against Indiabulls Housing Finance and its former promoter Sameer Gehlaut—including evergreening of loans, kickbacks, share manipulation and roundtripping—have lingered for years without traction. Now, a fresh Supreme Court communication could revive attention and accelerate the stalled proceedings. The big question: will this latest move finally turn old claims into actionable scrutiny?
Weaver Services has raised Rs 1,450 crore through a two-tranche capital raise, the biggest recent funding move in India’s affordable housing finance space. The money will help the company acquire a controlling stake in Centrum Housing Finance Limited (CHFL) and purchase Morgan Stanley’s remaining stake, tightening Weaver’s grip on the lender’s future.
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