- yellow knifeTop contributor
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HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
The highest loan disbursements of the bank recorded in 2014. That is 27,000 loan facilities at the value of Rs 9 Billion.
Sri Lanka's total housing finance outstanding is around Rs 340 Billion which represents about 10% of GDP . Researchers project that it may reach 20% by 2020.
This is a good news for Housing Financiers as well as all construction related companies.
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- yellow knifeTop contributor
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
Yet EPS shows the efficiency of management than just sailing with the wind.
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- yellow knifeTop contributor
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
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- yellow knifeTop contributor
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
- yellow knifeTop contributor
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
- yellow knifeTop contributor
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
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- yellow knifeTop contributor
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
- yellow knifeTop contributor
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
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- yellow knifeTop contributor
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
- yellow knifeTop contributor
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
To clear the picture I have removed 2008 as it distort the spread between high and low in other years
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- yellow knifeTop contributor
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
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- yellow knifeTop contributor
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
HDFC has already got 15,000 active accounts through Palm Top mobile banking.
Palm Top banking is competing with informal financial sector widely spread in Pettah and commercial hubs and known as Daily-Collectors.
HDFC is really doing a service by tapping these neglected sectors of low income earners.
- yellow knifeTop contributor
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
EPF monies are left untouched, we raise awareness of how employees can avail themselves of loans against their EPF balances to upgrade, improve or purchase a house.
Housing loans are considered affordable if the monthly installment is less than 40% of the householder's income.
While having all these EPF collateral and lending criteria, the NPL of the bank is increasing.
NPL has gone up to 9.81% from 7.26% of 2013.
- yellow knifeTop contributor
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
But now HDFC is also into leasing
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- nis2008
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
- yellow knifeTop contributor
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
Buy it low sell it high and dont hold
- nis2008
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
yellow knife wrote:Its a share for trading
Buy it low sell it high and dont hold
- yellow knifeTop contributor
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
I am not a trader nor an expert on technical analysis.
For me to enter I would wait and watch carefully... in this up trend of many other shares no one want to enter HDFC.. so the price may further come down.. yet when we evaluate past prices of the share this is good value.. so if you want enter very slowly.. may be 100 shares or even less per time..
- nis2008
- Posts : 283
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
yellow knife wrote:Nis
I am not a trader nor an expert on technical analysis.
For me to enter I would wait and watch carefully... in this up trend of many other shares no one want to enter HDFC.. so the price may further come down.. yet when we evaluate past prices of the share this is good value.. so if you want enter very slowly.. may be 100 shares or even less per time..
- yellow knifeTop contributor
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
Company is evaluating possibility of increasing the capital and the means to do so.
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- yellow knifeTop contributor
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
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- ruwan326
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
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- The Invisible
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Re: HDFC.N0000 (Housing Development and Finance Corporation Bank of Sri Lanka PLC)
ECONOMYNEXT - Sri Lanka's HDFC Bank, a publicly traded mortgage lender with the state as main shareholder said it has received a 250 million rupee injection from the Treasury to meet capital requirements.
HDFC said in a stock exchange filing it had received the money in the form of a non-convertible perpetual debt.
Together with internally generated funds, the firm said it had met a 5.0 billion rupees minimum capital requirement set by the central bank.
The central bank had given approval for the Additional Tier 1 (AT1) bond to be included in capital. (Colombo/Aug04/2019)