Gruh Finance has received approval from board for increasing the limit of total investment by all Foreign Portfolio Investors (FPI) under the Portfolio Investment Scheme. The increase in FPI investment is from 24% to 40% of the paid-up equity share capital of the company. This is subject to the approval of the members of the company at the ensuing Annual General Meeting (AGM).
Gruh Finance is a Housing Finance Company recognized by National Housing Bank. The company offers loans to individuals for purchase, construction, repairs, renovation of dwelling units. The company also offers loans to the self employed segment where in formal income proofs are not available.
