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Bandhan Bank seeks buyer for its Rs 775-crore distressed affordable home loan portfolio

The private lender s portfolio comprises 8,529 accounts given to affordable home buyers with average principal loans ranging between Rs 10 lakhs and 12 lakhs. The bank reportedly invited offers in cash by December 2. ....

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PNB Housing Finance aims to add 60 Roshni branches by FY24-end, ET RealEstate

PNB Housing Finance clocked in around Rs 750 crore disbursement under Roshni as on September 30, 2023, witnessing a growth of ~65% quarter-on-quarter. ....

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Sundaram Home Finance plans to enter affordable home loan segment

Sundaram Home Finance, a subsidiary of Sundaram Finance, has announced plans to enter the affordable home loan segment. The company will focus on tier 2 and tier 3 towns and sees this segment as a potential source of long-term growth. Sundaram Home Finance currently manages assets worth Rs 11,200 crore and recorded a net profit of Rs 215 crore in the previous financial year. ....

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OlyFed Helps Open Doors of Affordable Housing to More Local Families

OlyFed Helps Open Doors of Affordable Housing to More Local Families
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