A further rise in repo rate would bring more income from bank deposits but will also lead to a significant increase in Equated Monthly Installments for borrowers.
In the first year of operations, i.e., FY19, Bajaj Housing Finance touched its first milestone of Rs. 10,000 Cr. of Assets Under Management. Headquartered in Pune, Bajaj Housing Finance Limited offers finance to individuals and corporate entities to purchase and renovation of homes or commercial spaces.