HUDCO Boosts Loan Sanctions with Rs 46,000 Crore in Q3

The state-owned Housing and Urban Development Corporation (HUDCO) has sanctioned over Rs 46,000 crore loans in the third quarter of this fiscal year and Rs 1,39,151.92 crore during April-December. The company, which finances housing and urban infrastructure projects, disbursed Rs 41,346.70 crore in loans over nine months.

The Housing and Urban Development Corporation (HUDCO) continues its strong fiscal performance by approving loans exceeding Rs 46,000 crore during the third quarter of this year.

According to a recent regulatory filing, HUDCO recorded loan sanctions totaling Rs 1,39,151.92 crore from April to December of the current fiscal year.

Amidst these figures, the company also managed loan disbursements of Rs 41,346.70 crore, a remarkable accomplishment given the economic climate.

(With inputs from agencies.)