The company has disbursed subsidy amounting to over Rs 2,300 crore benefitting over 1,04,000 families under the Pradhan mantri awas yojana (pmay) credit linked subsidy scheme (CLSS), HDFC said in a statement.
The company has approved Rs 22,136 crore of home loans under CLSS to homebuyers belonging to the economically weaker section (EWS), low income group (LIG) and middle income groups (mig), HDFC said.
HDFC disburses more than Rs. 2,300 crore as subsidy under PMAY scheme. The country’s largest mortgage lender HDFC Ltd. said it has disbursed subsidy of more than Rs. 2,300 crore under the government’s flagship housing scheme PMAY, benefiting over one lakh first time home buyers.
Moreover, the company has disbursed subsidy amounting to over Rs 2,300 crore, gaining over 1,04,000 families under the PMAY credit linked subsidy scheme (CLSS), HDFC said in a statement. The amount, disbursed by the country’s largest mortgage lender for the government’s flagship housing scheme PMAY, will benefit over one lakh first time home buyers, cited Mint.
A well-developed secondary market for debt will also aid in transparent price discovery of the inherent riskiness of the debt being traded, the Reserve Bank of India said while. during the quarter.
HDFC disburses Rs 2,300 crore as subsidy under PMAY The company has disbursed subsidy amounting to over Rs 2,300 crore benefitting over 1,04,000 families under the Pradhan Mantri Awas Yojana (PMAY) credit linked subsidy scheme (CLSS), HDFC said in a statement.
HDFC has provided loans of over Rs 9,800 crore under PMAY-Credit Linked Subsidy Scheme (CLSS), to these customers belonging to EWS (Economically Weaker Section), LIG (Low Income Group) and Middle Income Group category, the housing finance firm said in a statement.
HDFC to consider raising Rs 45,000 cr via issuance of NCDs. HDFC AMC IPO subscribed 42 times so far on last day of bidding.. HDFC disburses Rs 1,100 cr subsidy to 51,000 home buyers under PMAY.
Latest Pradhan Mantri Awas yojana News, Photos, Blogposts, Videos and Wallpapers.. HDFC disburses Rs 2,300 cr as subsidy under PMAY. More From The Times of India.
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HDFC disburses Rs 1,100 crore subsidy to 51,000 home buyers under PMAY HDFC during the quarter ended September 30, 2018 approved 37 per cent of home loans in volume terms and 18 per cent in value terms to customers from the EWS and LIG segment, the housing finance firm said in a statement.