New Delhi, Aug 29: Housing and Urban Development Corporation Ltd., a premier techno-financing Navratna CPSE in the field of housing and infrastructure development,has been playing a pivotal role in the socio-economic development of India for over five decades through its lending, consultancy and capacity building activities.
Today the Company received the ‘Certificate of Registration as Non-Banking Financial Company – Infrastructure Finance Company (“NBFC- IFC”)’, from the Reserve Bank of India.
Speaking on the occasion, Sanjay Kulshreshta, CMD HUDCO said that the Company’s status as a NBFC- IFC will allow greater diversification, wherein it would be able to extend financial support to viable projects in transport, energy, water, sanitation, communication and social infrastructure sectors.
He reiterated HUDCO’s commitment to fostering growth and improving the quality of life of people by financing assets for ‘Viksit Bharat’.
