Muthoot Homefin to disburse up to ₹700cr loans for affordable housing in FY22
Muthoot Homefin to disburse up to ₹700cr loans for affordable housing in FY22
1 min read
MHIL has disbursed over ₹2,600 crore over the past five years since its inception
Muthoot Homefin plans to expand its operations in the southern states of India
Share Via
Read Full Story
Muthoot Homefin India Ltd (MHIL) on Sunday said it aims to disburse ₹700-crore loans in the next financial year to cater to the affordable housing segment.
MHIL has disbursed over ₹2,600 crore over the past five years since its inception, the company said in a release.
Torrent Power jumped 5.08% to Rs 383.35 after the company emerged as the highest bidder for acquisition of 51% stake in the power distribution company in the Union Territory of Dadra & Nagar Haveli and Daman & Diu.The acquisition is subject to further formalities as prescribed under the tender documents. The bidding for the distribution business of the Union Territory has been undertaken as part of the Government of India s initiative to privatize distribution utilities of Union Territories to usher in efficiency, which will provide a model for emulation by other utilities across the country.
Torrent Power said it currently distributes nearly 16.66 billion units to over 3.65 million customers in the cities of Ahmedabad, Gandhinagar, Surat, Dahej SEZ and Dholera SIR in Gujarat; Bhiwandi, Shil, Mumbra and Kalwa in Maharashtra and Agra in Uttar Pradesh.
WWF India s One Earth One Home programme concludes assamtimes.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from assamtimes.org Daily Mail and Mail on Sunday newspapers.
The Active Covid-19 cases in the country are showing a consistent decline. India s total Active Caseload has dropped to 1.36 lakh (1,36,872) today. The present active caseload now consists of just 1.25% of India s total Positive Cases. More than 1.06 Cr (1,06,33,025) people have recovered so far.
A total of 11,805 patients have recovered and got discharged in the last 24 hours. India s Recovery Rate of 97.32% is amongst the highest in the world. The difference between the recovered and active cases has further increased to 1,04,96,153 today. In another positive development, 31 States/UTs have reported Recovery Rate more than the national average. Daman & Diu & Dadra & Nagar Haveli have a recovery rate of 99.88%.