SRG Housing Finance received an approval to increase in borrowing powers from Rs. 50.00 crore to Rs. 200.00 crore subject to necessary approvals etc. The board of company at its meeting held on April 24, 2013 has transacted for the same.
SRG Housing Finance at present is exclusively dealing with the housing loans having wide number of customer. The company is providing loans under housing finance sector for construction, additions, alterations, repair & renovation purpose which has been declared as the priority sector lending by the Reserve Bank of India.