SBI signs Co-Lending pact with 5 HFC’s for Affordable Housing

Published on March 25, 2022
Current Context: SBI has signed a co-lending pact with five Housing Finance Companies to further its reach to underserved sectors.
SBI signs Co-Lending pact with 5 HFC’s for Affordable Housing
  • SBI has signed a co-lending pact with PNB Housing Finance Ltd, IIFL Home Finance Ltd, Shriram Housing Finance Ltd, Edelweiss Housing Finance Ltd, and Capri Global Housing Finance Ltd.
  • Purpose – To sanction loans to unserved and underserved sectors and accelerate effective and affordable credit to small home buyers in India and contribute to the vision of “Housing for All by 2024.
  • Static Information –
    • SBI (Public Sector Bank)
    • HQ- Mumbai
    • Chairman – Dinesh Kumar Khara

Question:

Q.1 Recently SBI signed a co-lending pact with which Housing Finance company?
a. Indiabulls Housing Finance Ltd.
b. Mahindra Rural Housing Finance Ltd.
c. Tata Capital Housing Finance Limited
d. Edelweiss Housing Finance Ltd

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