Tuesday, October 9, 2018

NHB increases refinance limit


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National Housing Bank has increased the refinance limit to Rs 30,000 crore for housing finance companies for 2018-19 in view of the current liquidity position of the sector, according to an official release. The housing finance regulator had originally set the refinance target at Rs 24,000 crore for 2018-19 beginning July this year. The move will help alleviate the liquidity crunch that the sector is facing. 

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