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Mumbai: Housing finance companies (HFCs) have slowed down their loan disbursements and this can have a spillover impact on both retail home loan borrowers and property developers, said India.
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Mumbai: Housing finance companies (HFCs) have slowed down their loan disbursements and this can have a spillover impact on both retail.
Home Loan Interest Rates. The country’s largest HFC (housing finance company), HDFC bank has increased home loan interest rates by 20 basis point. The average loan size of the bank is Rs.26 lakh. It is said that an increase in the cost of funds from last year is the cause of the interest rate hike.
West End Housing Finance Limited (WEHFL), Headquartered at Mumbai is. The Company aims to provide credit facilities to primarily serve the housing.