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LIC of India is expected to subscribe to those long-dated papers that may open for subscription t Since Oct 1, midcaps and smallcaps are outperforming Nifty by 4 to 5 percentage points, says Singhania. The upgrade factors in the increase in the strategic importance of Muthoot HomeFin to its parent company.
Some NBFCs have already cut back a bit on disbursement targets this year as funding dries up, said experts and company insiders. The scheme is valid till December, 31, The maximum loan term shall be for a period of 20 years. PMAY subsidy is also available for eligible cases. Muthoot Housing Finance also plans to establish 12 new branches across the southern and northern regions this FY to tap the affordable housing market.
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