Hardeep S. Puri highlights HUDCO’s impending operational transition from HFC to NBFC-IFC ...Middle East

Shri Hardeep S. Puri, Minister for Housing and Urban Affairs and Petroleum and Natural Gas impressed upon designing ambitious programs in systems of lending finances with appropriate safeguards. He also highlighted HUDCO’s impending operational transition from HFC to NBFC-IFC (Infrastructure Finance Company) that would enhance the range of infrastructure project financing company can provide. As the business environment recovers and we see more financial institutions compete to lend to the state in the housing sector, it is imperative that HUDCO retains its edge. Since 1970, HUDCO has facilitated the construction of almost 2 crore residential units in India by providing financial and technic

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