$HUDCO

HUDCO: SIGNS ₹1 LAKH CRORE MOU WITH BIHAR GOVERNMENT 🤝🏗️ • 📝 Signed an MoU with the Government of Bihar to finance urban infrastructure projects • 💰 HUDCO aims to provide term loans of up to ₹1,00,000 crore over 5 years • 🏙️ Funding will support Greenfield Satellite Cities, urban infrastructure and land acquisition projects • ⏳ Loan repayment tenure can extend up to 25 years, with flexible terms and moratorium provisions • 📄 The MoU will remain valid for 3 years, subject to annual review 🟢 Impact: Positive (Large financing opportunity strengthens HUDCO's long-term loan pipeline and infrastructure financing business.)