InvestorQ : What is the tie up between Indiabulls Housing and HDFC and how is it likely to benefit?
Rutuja Nigam made post

What is the tie up between Indiabulls Housing and HDFC and how is it likely to benefit?

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2 weeks ago
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Indiabulls Housing Finance has signed a co-lending partnership with HDFC which will offer home loans at competitive rates. Such loans will dwell 20% in Indiabulls books and 80% in HDFC books. Indiabulls currently has assets of Rs.70,282 crore compared to a massive Rs.552,000 crore book of HDFC.

Indiabulls will service the loan through the cycle. For HDFC, it gets more market aggressive and a reliable process partner. For Indiabulls, the balance sheet size of HDFC will help to reduce risk and stay asset light. Indiabulls also gets an opening in tier-3 and tier-4 towns through the HDFC network.

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