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BHFL launched E-Home Loan for customers. BHFL is wholly owned subsidiary of which of the following? 

BHFL launched E-Home Loan for customers. BHFL is wholly owned subsidiary of which of the following?  Correct Answer Bajaj Finance Limited

The correct answer is Bajaj Finance Limited.

  • Bajaj Housing Finance Limited (BHFL), a wholly-owned subsidiary of Bajaj Finance Limited recently launched E-Home Loan for customers.
  • The E-Home Loans are designed to fulfill borrowers' mortgage needs online, both for new home loan requirements as well as the transfer of existing home loans.
  • Customers need to fill the online loan application form with (personal/professional/property) details.

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Statement : It is necessary to adopt suitable measures to prevent repetition of bad debts by learning from the past experiences of mounting non-performing assets of banks.

Courses of Action :
I. Before granting loan to customers their eligibility for loan should be evaluated strictly.
II. To ensure the payment of instalments of loan, the work, for which loan was granted, should be supervised minutely on regular basis.
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