Nirmal Bang initiates coverage on HFFC and Aavas Financiers, foreseeing growth opportunities. HFFC has 30.5% upside, Aavas 14%. AHFCs positioned for growth despite challenges. India’s housing market shows potential for affordable housing finance sector.
Union Bank of India approves plan to raise up to Rs 20,000 crore via long-term bonds
Union Bank of India will raise funds through bond issuances. The bank’s committee approved long-term bonds worth twenty thousand crore rupees for infrastructure and affordable