eBusiness World

HDFC Ltd has reported a growth of 39% in interest income and 10% growth in net profits YoY during the results declared for Q3 FY 2012.
Results Summary

HDFC reported a 39% YoY growth in Interest income in the first 9 months of FY12 on the back of 21% YoY growth in advances.
Net Interest Margin [...]

First-time buyers are alive and well as house prices become more affordable, according to the Council of Mortgage Lenders (CML). Despite higher deposits being required, reports of the disappearance of first-time buyers are greatly exaggerated because falling house prices are making property more affordable, banks and building societies claim. Paul Smee, director general of the [...]