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Microfinance grows by nearly 10 times in 10 years to cross Rs 5L-crore mark

Microfinance in India has a long history. Since the turn of this century, it has been expanding rapidly as a viable financial services business because of the influx of Microfinance NBFCs, growth of the self-help groups (SHG) business by Public . ....

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Individual loan business continues to improve in Jan-Mar: HDFC

Individual loan business continues to improve in Jan-Mar: HDFC
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Last Updated: Apr 03, 2021, 04:01 PM IST
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During the quarter, pursuant to the buyback option embedded in the home loan arrangement between the Corporation and HDFC Bank, the Corporation assigned loans to the bank amounting to Rs 7,503 crore, HDFC said in a regulatory filing.
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In the year ago same quarter ended March 2020, such loan assigned to HDFC Bank stood at Rs 5,479 crore.
Mortgage lender HDFC Ltd on Saturday said the company s individual loan business continued to exhibit improvement in the January-March quarter 2021 and loans worth Rs 7,503 crore were assigned to its banking subsidiary. ....

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Individual loan biz maintains momentum in March quarter: HDFC

Individual loan biz maintains momentum in March quarter: HDFC
During the quarter, pursuant to the buyback option embedded in the home loan arrangement between HDFC and HDFC Bank, the corporation assigned loans worth Rs 7,503 crore to the bank
PTI | April 3, 2021 | Updated 17:27 IST
Mortgage lender HDFC Ltd on Saturday said the company s individual loan business continued to exhibit improvement in the January-March quarter 2021 and loans worth Rs 7,503 crore were assigned to its banking subsidiary.
The individual loan business continued to see strong improvements during the quarter ended Match 31, 2021.
During the quarter, pursuant to the buyback option embedded in the home loan arrangement between the Corporation and HDFC Bank, the Corporation assigned loans to the bank amounting to Rs 7,503 crore, HDFC said in a regulatory filing. ....

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