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Government planning to boost Rs 10,000 crore in housing finance companies

As per the Reuters, Government is infusing an additional Rs 10,000 crore in housing finance companies the main reason to infuse this amount is to promote boost lending in the sector, as per the government.

“To further ease the flow of funds in the housing sector, the National Housing Bank is making available from today, a liquidity infusion facility of Rs. 10,000 crore for housing finance companies as additional liquidity,” the government said.

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