![]() ![]() Provided that an additional exposure to financial services sector (over and above the limit of 25%) not exceeding 15% of the net assets of the Scheme shall be allowed by way of increase in exposure to Housing Finance Companies (HFCs) only.įinance Company means any Finance Company or other lender with whom You have agreed a Loan or credit agreement through the Supplying Outlet.įinance Corp. ![]() Provided that an additional exposure to financial services sector not exceeding 10% (revised)of the net assets of the scheme shall be allowed only by way of increase in exposure to Housing Finance Companies (HFCs) Further, an additional exposure of 5% of the net assets of the scheme has been allowed for investments in securitized debt instruments based on retail housing loan portfolio and/or affordable housing loan portfolio. Originators may be: Banks, Non Banking Finance Companies, Housing Finance Companies, etc.Īn additional exposure to financial services sector (over and above the limit of 25%) not exceeding 15% of the net assets of the scheme shall be allowed by way of increase in exposure to Housing Finance Companies (HFCs) rated AA and above and registered with National Housing Bank (NHB). Originators may be: Banks, Non-Banking Finance Companies, Housing Finance Companies, etc.įinancial Institution Rating h) Non-Banking Finance Companies Rating Disclaimer: PACRA has used due care in preparation of this document. The Deed is subject to and governed by the Non-Banking Finance Companies (Establishment and Regulations) Rules, 2003 and Non-Banking Finance Companies and Notified Entities Regulations, 2008, Securities and Exchange Ordinance 1969, Companies Ordinance 1984 and all other applicable laws and regulations.įurther an additional exposure to financial services sector (over and above the limit of 20%) not exceeding 10% of the net assets of the Scheme will be allowed by way of increase in exposure to AA and above rated securities issued by Housing Finance Companies (HFCs) registered with National Housing Bank. ![]() Provided that an additional exposure to financial services sector (over and above the limit of 25%) not exceeding 15% of the net assets of the scheme shall be allowed by way of increase in exposure to Housing Finance Companies (HFCs) only. Non-Banking Finance Companies (NBFCs) Rating Disclaimer: PACRA has used due care in preparation of this document. Examples of Finance Companies in a sentence ![]()
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