NEWS & ADVICE : HOME LOANS
SBI at par with HDFC in home loan segment
By Joseph Samson
Jun 17, 2010
Print    Email    RSS   

The largest lender of the country, State Bank of India has grabbed 17% of the share of housing finance market. With this SBI equals HDFC share in the same segment as on March 2010.

The Icra report on ‘Performance review of housing finance companies and Indian mortgage finance market for 2009-10' reads that the market share of both SBI and HDFC are the same while ICICI Bank has a market share of 13%.

The market shares of LIC housing finance and IDBI Group are 8% and 4%, respectively.

As of March 31, 2010, HDFC (along with HDFC Bank), State Bank of India, ICICI Bank (along with ICICI Home Finance,) and LIC Housing Finance (LIC HFL) clearly dominate the domestic mortgage market, together accounting for 55% of the total housing credit in India, said the report.

Other loans consist mostly of loans against property, lease rental discounting, and builder loans.

 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
An insight into the era of teaser loans
Paying back home loans: Which repayment...
Pre-pay your home loan
Financial Review: A must for every individual
Manage your loans, avoid recovery agents


PINJORE: CaℒL Giℛℒs In PiNjOrE 09915787550...
PINJORE: CaℒL Giℛℒ In PiNjOrE 09915787550...
how to gate my home loan certificate

NEWS THIS WEEK
Canara Bank earned a profit of 60%. Feb 6, 2015
New Branch of Laxmi Vilas bank at Vijayawada Jan 30, 2015
Home loan EMIs expected to drop down Jan 21, 2015
Corporation Bank received MSME banking excellence award 2014 Jan 19, 2015
Home loan rates set to fall, after reduction in repo rate Jan 16, 2015
News Archive