{"id":778,"date":"2019-10-09T23:58:19","date_gmt":"2019-10-09T23:58:19","guid":{"rendered":"https:\/\/jobbinghood.com\/finance\/2019\/10\/09\/nhb-exposure-in-dewan-housing-finance-at-rs-24-35-billion\/"},"modified":"2019-10-09T23:58:19","modified_gmt":"2019-10-09T23:58:19","slug":"nhb-exposure-in-dewan-housing-finance-at-rs-24-35-billion","status":"publish","type":"post","link":"https:\/\/jobbinghood.com\/magazine\/2019\/10\/09\/nhb-exposure-in-dewan-housing-finance-at-rs-24-35-billion\/","title":{"rendered":"NHB exposure in Dewan Housing Finance at Rs 24.35 billion"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"article-image\">\n<figure><img fetchpriority=\"high\" decoding=\"async\" class=\"lazy lazy-hidden wp-image-1731140 size-full\" src=\"http:\/\/www.financialexpress.com\/wp-content\/plugins\/a3-lazy-load\/assets\/images\/lazy_placeholder.gif\" data-lazy-type=\"image\" data-src=\"https:\/\/images.financialexpress.com\/2019\/10\/DHFL.jpg\" alt=\"NHB,\u00a0Dewan Housing Finance,\u00a0Maharashtra Cooperative Bank,\u00a0DHFL,\u00a0National Housing Bank NPA\" width=\"660\" height=\"440\" srcset=\"\" data-srcset=\"https:\/\/images.financialexpress.com\/2019\/10\/DHFL.jpg 660w, https:\/\/images.financialexpress.com\/2019\/10\/DHFL-300x200.jpg 300w, https:\/\/images.financialexpress.com\/2019\/10\/DHFL-620x413.jpg 620w, https:\/\/images.financialexpress.com\/2019\/10\/DHFL-401x267.jpg 401w\" sizes=\"(max-width: 660px) 100vw, 660px\"\/><noscript><img decoding=\"async\" class=\"wp-image-1731140 size-full\" src=\"https:\/\/images.financialexpress.com\/2019\/10\/DHFL.jpg\" alt=\"NHB,\u00a0Dewan Housing Finance,\u00a0Maharashtra Cooperative Bank,\u00a0DHFL,\u00a0National Housing Bank NPA\" width=\"660\" height=\"440\" srcset=\"https:\/\/images.financialexpress.com\/2019\/10\/DHFL.jpg 660w, https:\/\/images.financialexpress.com\/2019\/10\/DHFL-300x200.jpg 300w, https:\/\/images.financialexpress.com\/2019\/10\/DHFL-620x413.jpg 620w, https:\/\/images.financialexpress.com\/2019\/10\/DHFL-401x267.jpg 401w\" sizes=\"(max-width: 660px) 100vw, 660px\"\/><\/noscript><span class=\"article-caption\">NHB made 15-per cent provisoning in the 2018-19 fiscal as a prudent measure, though DHFL was a standard account as on June, the note said.<\/span><\/figure>\n<\/div>\n<p>National Housing Bank (NHB), the principal agency that promotes housing finance institutions in India, has an exposure of Rs 24.35 billion in crisis-hit DHFL as on March 2019, a rating agency said. \u201cNHB\u2019s exposure in Dewan Housing Finance Ltd (DHFL) and Punjab &amp; Maharashtra Cooperative Bank (PMC) stood at Rs 24.35 billion and Rs 1.75 billion, respectively, at end-March 2019\u2026 both of which were standard accounts as on end-June,\u201d India Ratings said in a note on Wednesday.<\/p>\n<p><strong>Also read:\u00a0<a href=\"https:\/\/www.financialexpress.com\/industry\/relaince-jio-levy-aimed-at-forcing-iuc-to-be-lowered-says-airtel\/1731082\/\" target=\"_blank\" rel=\"noopener\">Reliance Jio levy aimed at forcing IUC to be lowered, says Airtel<\/a><\/strong><\/p>\n<p>The bank\u2019s asset quality was significantly robust despite the concentration of HFCs and commercial banks in its loan portfolio, it said. NHB made 15-per cent provisoning in the 2018-19 fiscal as a prudent measure, though DHFL was a standard account as on June, the note said. There was a further recovery of Rs 4.2 million during FY19 and no fresh slippages, the rating agency said.<\/p>\n<p>National Housing Bank\u2019s gross NPA ratio was flat at 0.01 per cent in FY19 as compared to the previous fiscal. It also increased provisioning on standard assets to Rs 4,044 million in the last fiscal (FY18 was Rs 269 million), which lowered the return on average total assets to 1.06 per cent.<\/p>\n<div class=\"common-bottom-text\">\n<p>Get live <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/\" target=\"_blank\" rel=\"noopener noreferrer\">Stock Prices<\/a> from BSE and NSE and latest NAV, portfolio of <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/\" target=\"_blank\" rel=\"noopener noreferrer\">Mutual Funds<\/a>, calculate your tax by <a href=\"https:\/\/www.financialexpress.com\/income-tax-calculator\/\" target=\"_blank\" rel=\"noopener noreferrer\">Income Tax Calculator<\/a>, know market\u2019s <a href=\"https:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-gainers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Gainers<\/a>, <a href=\"http:\/\/www.financialexpress.com\/market\/stock-market\/nse-top-losers\/\" target=\"_blank\" rel=\"noopener noreferrer\">Top Losers<\/a> &amp; <a href=\"https:\/\/www.financialexpress.com\/mutual-funds-india\/equity-funds\/\" target=\"_blank\" rel=\"noopener noreferrer\">Best Equity Funds<\/a>. Like us on <a href=\" https:\/\/www.facebook.com\/thefinancialexpress\" target=\"_blank\" rel=\"noopener noreferrer\">Facebook<\/a> and follow us on <a href=\" https:\/\/twitter.com\/FinancialXpress\" target=\"_blank\" rel=\"noopener noreferrer\">Twitter<\/a>.<\/p>\n<\/div>\n<\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>[ad_2]<br \/><\/p>\n<div class=\"jobbi-after-content-jh-placement jobbi-entity-placement\" id=\"jobbi-3398086910\"><div id=\"jobbi-1018732344\"><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-5862940809620110\" crossorigin=\"anonymous\"><\/script><ins class=\"adsbygoogle\" style=\"display:block;\" data-ad-client=\"ca-pub-5862940809620110\" \ndata-ad-slot=\"\" \ndata-ad-format=\"auto\"><\/ins>\n<script> \n(adsbygoogle = window.adsbygoogle || []).push({}); \n<\/script>\n<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>[ad_1] NHB made 15-per cent provisoning in the 2018-19 fiscal as a prudent measure, though DHFL was a standard account as on June, the note said. National Housing Bank (NHB), the principal agency that promotes housing finance institutions in India, has an exposure of Rs 24.35 billion in crisis-hit DHFL as on March 2019, a [&hellip;]<\/p>\n","protected":false},"author":348,"featured_media":779,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[],"class_list":["post-778","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry"],"_links":{"self":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/users\/348"}],"replies":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/comments?post=778"}],"version-history":[{"count":0,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/posts\/778\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media\/779"}],"wp:attachment":[{"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/media?parent=778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/categories?post=778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobbinghood.com\/magazine\/wp-json\/wp\/v2\/tags?post=778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}