Indiabulls Housing Finance Ltd partnered with HDFC Ltd

Current Context: The Indiabulls Housing Finance Ltd (IBH) has entered into a strategic co-lending partnership with HDFC Ltd.

• They have entered into a partnership to grant housing loans to homebuyers at competitive rates.
• Under this partnership, the funding ratio will be 80:20. That is, 80% of loans will be with HDFC books and 20% of the loans with Indiabulls HFL’s books.
• Indiabulls will service the loan account throughout the life cycle of the loan.
• This partnership will prove beneficial to IBH’s new balance-sheet light growth business model.
• Static Part: 
• HQ of Indiabulls Housing Finance Ltd and HDFC: Mumbai

Question: 

Q.1 With which financial firm, Indiabulls Housing Finance Ltd partnered to grant housing loans to homebuyers at competitive rates?
a. LIC Housing Finance
b. GIC Housing Finance
c. HDFC Ltd
d. Religare Housing Development Finance Corporation Limited