Expect 10-12% boost in disbursements due to affordable housing scheme: Repco Home Fin

The push for affordable housing continues with the government extending the interest subsidy on home loans under the affordable housing subvention scheme till March 2019.

In an interview to CNBC-TV18, R Varadarajan, MD, Repco Home Finance spoke about the latest happenings in his company and sector.

Saw a slowdown in disbursements and asset quality pain due to demonetisation but at the end of the half year, we are seeing improvement happening in there, he said.

Government's step of extending timeline for interest subsidy is a welcome step for everyone, said Varadarajan.

Over 500 units have been funded by company in Q2, under affordable housing scheme, he further mentioned.

May see a boost in disbursements by 10-12 percent due to affordable housing scheme, he said.

For full interview, watch accompanying video...