Housing finance company News
The company had posted a net profit of Rs 5,300 crore in the October-December quarter of the last financial year.
The company will initially focus on a product roll out across all major metro cities, and thereafter, seek to establish a pan-India presence, including tier 2-3 towns and cities.
Repco Home Finance (RHFL) has reported a rise of 31 percent in net profit at Rs 39.53 crore for the first quarter ended June 30, 2016.
Diversified non-bank lender Bajaj Finance Tuesday said it has received regulatory approvals to set up a housing finance company.
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