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Nabard plans to enter affordable housing segment

Nabard plans to enter affordable housing segment

Wednesday, April 12, 2017, 9:15 AM

NABARD is planning a foray into rural housing segment by facilitating finance for the homes built under (PMAY). It is targeting to disburse up to Rs.10,000 crore under this in the current financial year, a senior NABARD official said. "There are discussions in the government to have a special purpose vehicle to achieve the PMAY targets. We will finance the SPV," the official said.
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