India’s housing finance sector is on track for exponential growth, with its market size projected to more than double from ₹33 lakh crore to ₹81 lakh crore by 2029, according to a report by CareEdge Ratings. This surge is fueled by strong structural fundamentals and government incentives, making home loans a lucrative avenue for lenders.
Banks Dominate, But HFCs Hold Steady
As of March 31, 2024, banks continued to dominate the housing loan market, holding a 74.5% share. Their lower funding costs, expansive reach, and co-lending models have given them a competitive edge. Housing Finance Companies (HFCs), on the other hand, maintained a stable market presence at 19%, a trend expected to persist in the coming years.
HFCs saw their loan portfolios expand by 13.2% in FY24, reaching ₹9.6 lakh crore. CareEdge Ratings predicts further annual growth of 12.7% in FY25 and 13.5% in FY26, backed by capital reserves and equity inflows.
PNB Housing Finance: Retail Loans Take Center Stage
PNB Housing Finance, a subsidiary of Punjab National Bank, is shifting its focus towards retail home loans, particularly in the affordable housing segment. The latest quarter saw a 30% year-on-year (YoY) growth in retail loan disbursements, totaling ₹5,380 crore.
A major highlight was the 127% YoY increase in affordable housing loans, reaching ₹920 crore. The company is gradually reducing corporate lending in favor of retail loans.
Market Capitalization: ₹22,367.85 crore
Share Price (March 22, 2024): ₹860.55 (+4%)
HUDCO: Record-Breaking Disbursements Amid ‘Navratna’ Status
The Housing and Urban Development Corporation Ltd (HUDCO), a government-owned entity, recently secured ‘Navratna’ status in April 2024, reinforcing its position in the sector. The company recorded its highest-ever disbursements of ₹31,760 crore in the first nine months of FY25.
Affordable housing loans formed only 4% of the total, amounting to ₹1,332 crore, while the bulk—96% or ₹30,428 crore—was directed toward urban infrastructure projects.
Market Capitalization: ₹40,628.56 crore
Share Price (March 22, 2024): ₹202.95 (+2%)
LIC Housing Finance: Lagging in Disbursement Growth
LIC Housing Finance Ltd, the country’s largest housing finance company by assets, reported a modest 2% YoY increase in loan disbursements, reaching ₹15,475 crore in the latest quarter.
Competition with banks remains fierce, especially in the premium housing segment. While rivals have posted higher growth, LIC Housing’s numbers indicate a relatively slow pace of expansion.
Market Capitalization: ₹31,436.10 crore
Share Price (March 22, 2024): ₹571.50 (+3%)
Bajaj Housing Finance: Leading in Asset Growth
Bajaj Housing Finance is making strides in the industry, reporting a 26% increase in Assets Under Management (AUM), which reached ₹1,08,314 crore from ₹85,929 crore in the previous year. Home loans accounted for 56% of its portfolio.
Loan disbursements rose 17% YoY, climbing from ₹10,727 crore to ₹12,571 crore. The company remains a key player in the segment, offering financing solutions for developers and high-net-worth individuals.
Market Capitalization: ₹1,02,852.61 crore
Share Price (March 22, 2024): ₹123.50 (+2%)
![gain Rise in Gold Rate in India After Falling Rs 21,200/24K; Will Gold Price Today Jump or Drop on 28 March? By Harshika Yadav Published: Saturday, March 28, 2026, 6:55 [IST] preference Add as a preferred source on Google Gold rates in India witnessed a modest recovery on March 27, 2026, after a sharp fall in the previous session, indicating a cautious stabilisation in the bullion market. The yellow metal had dropped by Rs 212 per gram (or Rs 21,200 per 100 grams) of 24 Karat (24K) earlier, but managed to regain some ground. Gold Price Updates as US-Iran Tensions Ease; Pakistan, Turkiye & Egypt Step Up Mediation Efforts The rise in yellow metal follows easing geopolitical concerns after US President Donald Trump signalled a delay in potential military action against Iran's energy infrastructure by 10 days, pushing the deadline to April 6. This development, along with ongoing diplomatic efforts, has helped support safe-haven demand. gold Rate Today Further adding to market sentiment, Pakistan's Foreign Minister Ishaq Dar confirmed that Islamabad is acting as an intermediary between the United States and Iran, relaying messages as part of efforts to de-escalate tensions. Countries like Türkiye and Egypt are also reportedly supporting the mediation process, offering some relief to global financial markets. Gold Rate in India: Check Latest 22K, 24K & 18K Gold Prices Per Gram 24 Karat Gold Rate Today in India In the 24 Karat segment, at the time of writing, the rate for 1 gram stood at Rs 14,471, rising by Rs 16 from Rs 14,455. For 8 grams, the price increased to Rs 1,15,768, up by Rs 128. The rate for 10 grams climbed to Rs 1,44,710, reflecting a gain of Rs 160, while 100 grams of 24 Karat gold were priced at Rs 14,47,100, marking an increase of Rs 1,600. 22 Karat Gold Rate Today in India The price of one gram of 22K stood at Rs 13,265, gaining Rs 15 from the previous session. For 8 grams, the rate rose to Rs 1,06,120, registering an increase of Rs 120. The cost of 10 grams advanced to Rs 1,32,650, up by Rs 150, while 100 grams were priced at Rs 13,26,500, reflecting a gain of Rs 1,500. 18 Karat Gold Rate Today in India The rate for one gram of 18K stood at Rs 10,853, up by Rs 12. For 8 grams, the price moved up to Rs 86,824, marking a gain of Rs 96. The rate for 10 grams climbed to Rs 1,08,530, increasing by Rs 120, while 100 grams were valued at Rs 10,85,300, reflecting an uptick of Rs 1,200. Latest MCX Gold Price In the domestic futures market, gold on the Multi Commodity Exchange (MCX) held firm above the Rs 1,44,500 level as per latest trading record, supported largely by the weakness in the Indian rupee, which continues to cushion local prices despite global volatility. Latest Spot Gold Rate The rebound in domestic gold rates comes alongside a recovery in international markets, where gold moved above the $4,400 per ounce mark. What Lies Ahead for Gold Prices? Check Gold Rate Prediction Jateen Trivedi, VP - Research Analyst (Commodity and Currency), LKP Securities, said, "Gold remained slightly positive, trading above $4,425 with highs near $4,475, supported by initial optimism around US-Iran talks. However, the sharp rise in crude continues to signal underlying market stress and inflation risks." From a technical perspective, he explained, "Technically, support is seen near Rs 1,42,000, while resistance is placed around Rs 1,46,500. Overall, gold is expected to remain volatile with limited upside unless clarity emerges on inflation and geopolitics."](https://keralanews247.com/wp-content/uploads/2026/03/rupee-and-dollar-scaled-120x86.png)
