Centre's Urban Challenge Fund gathers pace with 33 approved projects
Central and state assistance is being tied to market-based financing under the scheme
TheEarlyPost Desk
Central and state assistance is being tied to market-based financing under the scheme
The NCDs are senior, secured, rated, listed, and redeemable
The investment has comes from Motilal Oswal Alternates, an investment arm of Motilal Oswal Group
Of 48 bids received, the bank has accepted 14 bids at a coupon rate of 7.16 per cent
The plan is to provide affordable housing loans to women borrowers and finance the construction of some residential units