Two more HFCs get NHB nod to Commence Business

National Housing Bank (NHB) has granted two housing finance companies (HFCs) Certification of Registration to commence housing finance business. The two HFCs that have got the Certificate of Registration are Mumbai-based APAC Housing Finance Private Ltd and Ajmer-based Wonder Home Finance Ltd. With this move, the total number of HFCs registered with NHB now stands at 95. Both these HFCs — APAC Housing Finance and Wonder Home Finance — are, however, not permitted to accept public deposits.