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Andhra launches new scheme to waive housing loans of poor

Jagan said the entire value of the assets would be around 1,58,000 crore, and the beneficiaries can avail of the scheme by paying nominal amounts of 10,000 in villages, 15,000 in municipalities, and 20,000 in municipal corporations.
Andhra Pradesh chief minister YS Jagan Mohan Reddy says his government had credited <span class='webrupee'>₹</span>1.16 lakh crore to people through Direct Benefit Transfer (DBT) without the interference of middlemen under welfare initiatives. (HT)
Andhra Pradesh chief minister YS Jagan Mohan Reddy says his government had credited 1.16 lakh crore to people through Direct Benefit Transfer (DBT) without the interference of middlemen under welfare initiatives. (HT)
Updated on Dec 22, 2021 04:25 AM IST
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By, Hyderabad

SBI crosses 5 trillion-mark in home loan business

The real estate and housing business (REHBU) unit of the bank has grown five times in the last 10 years with an asset under management (AUM) of 89,000 crore in 2011 to 5 trillion in 2021.
The SBI is looking at achieving a home loan AUM of <span class='webrupee'>₹</span>7 trillion by FY 2024.(Mint)
The SBI is looking at achieving a home loan AUM of 7 trillion by FY 2024.(Mint)
Published on Feb 10, 2021 03:25 PM IST
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PTI | , Mumbai
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