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Bajaj HFC eyes Rs 8,000-cr loan book by FY20

BHFL is the second housing finance company (HFC) after Piramal Housing Finance to announce aggressive loan growth plans

Housing
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Housing

Abhijit Lele Mumbai
Bajaj Housing Finance (BHFL), a subsidiary of Bajaj Finance (BFL), is looking to grow its loan book to Rs 8,000 crore by the financial year 2019-20.
 
BHFL is the second housing finance company (HFC) after Piramal Housing Finance to announce aggressive loan growth plans. Piramal HFC, which commenced its operations last month, is targeting a rapid expansion of its loan book to over Rs 15,000 crore by the end of FY20.
 
BHFL’s parent company, BFL, has injected an equity of Rs 300 crore in the company so far. It will infuse regular capital into the mortgage company to