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The Housing Finance Company’s housing loans must account for at least 50% of HFCs’ assets of which at least ___% should be individual housing loans. The HFCs which doesn’t follow the criterion will be treated as NBFC – Investment and Credit Companies (NBFC-ICCs).
  • a)
    90
  • b)
    80
  • c)
    25
  • d)
    50
  • e)
    75
Correct answer is option 'E'. Can you explain this answer?
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The Housing Finance Company’s housing loans must account for at ...
In another proposal, housing loans must account for at least 50% of HFCs’ assets of which at least 75% should be towards individual housing loans. HFCs which do not fulfil this criterion will be treated as NBFC – Investment and Credit Companies (NBFC-ICCs) and will be required to approach the RBI for conversion of their Certificate of Registration from HFC to NBFC-ICC. In order to remain working as HFC, they would have to follow a roadmap to make 75% of their assets individual housing loans. The target has been set at 60% by March 31, 2022, 70% by March 31, 2023, and 75% by March 31, 2024.
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The Housing Finance Company’s housing loans must account for at least 50% of HFCs’ assets of which at least ___% should be individual housing loans. The HFCs which doesn’t follow the criterion will be treated as NBFC – Investment and Credit Companies (NBFC-ICCs).a)90b)80c)25d)50e)75Correct answer is option 'E'. Can you explain this answer?
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The Housing Finance Company’s housing loans must account for at least 50% of HFCs’ assets of which at least ___% should be individual housing loans. The HFCs which doesn’t follow the criterion will be treated as NBFC – Investment and Credit Companies (NBFC-ICCs).a)90b)80c)25d)50e)75Correct answer is option 'E'. Can you explain this answer? for Current Affairs 2025 is part of Current Affairs preparation. The Question and answers have been prepared according to the Current Affairs exam syllabus. Information about The Housing Finance Company’s housing loans must account for at least 50% of HFCs’ assets of which at least ___% should be individual housing loans. The HFCs which doesn’t follow the criterion will be treated as NBFC – Investment and Credit Companies (NBFC-ICCs).a)90b)80c)25d)50e)75Correct answer is option 'E'. Can you explain this answer? covers all topics & solutions for Current Affairs 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The Housing Finance Company’s housing loans must account for at least 50% of HFCs’ assets of which at least ___% should be individual housing loans. The HFCs which doesn’t follow the criterion will be treated as NBFC – Investment and Credit Companies (NBFC-ICCs).a)90b)80c)25d)50e)75Correct answer is option 'E'. Can you explain this answer?.
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