The Pradhan Mantri Awas Yojana (PMAY) has been a transformative initiative in the Indian housing finance sector, particularly impacting the homeownership aspiration of first-time home buyers in India. Mr. Monu Ratra, ED & CEO - IIFL Home Finance Ltd., with ET Now, discusses the potential significant impact of the newly announced 3 crore homes under the Pradhan Mantri Awas Yojana along with the boost it may give to the housing finance industry!
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