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HDFC offers home loans at 6 7% ahead of festive season: Check details here
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HDFC unveils Green & Sustainable FD
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Home loan rates are unlikely to go down any further as RBI keeps rates unchanged
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IFC lends $250 mn to HDFC for green affordable housing
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International Finance Corporation (IFC), a private sector investment arm of the World Bank Group, has decided to provide loan of USD 250 million (about Rs 1,875 crore) to promote affordable green housing finance for low-income borrowers. Low and middle-income borrowers will be able to own homes with improved access to finance, thanks to a new investment aiming to boost affordable housing finance in India, a joint statement said. Aligned with the government of India s goal to provide Housing for All, the funding will also help generate jobs, it said. At least 25 per cent of the financing has been earmarked for green affordable housing, which is likely to encourage this market in India, it said.