Financial Daily from THE HINDU group of publications
Saturday, May 28, 2005
Financial Daily from THE HINDU group of publications Saturday, May 28, 2005 |
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Money & Banking
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Housing Finance BHW Birla records 136% growth in disbursements Our Bureau
New Delhi , May 27 BHW Birla Home Finance Ltd on Friday announced 136 per cent growth in disbursements last fiscal at Rs 511 crore. In 2005-06, the company proposes to continue the growth tempo and targets to cross the Rs 1,200-crore mark. Also on the anvil is expansion to enable it to cover several major urban hubs, BHW Birla said.. BHW Birla is actively pursuing portfolio liquidity through securitisation initiatives and has collaborated with the National Housing Bank in this endeavour. It has placed Rs 100-crore residential mortgage backed securities issue with banks and financial institutions.
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