HFFC in talks with Morgan Stanley to raise ₹300 cr: Report
Mumbai-based private housing finance firm Home First Finance Company (HFFC) is in talks with Morgan Stanley Private Equity to raise around ₹300 crore, reports claimed. The company provides loans in the range of ₹1-30 lakh, mostly to first-time home buyers. HFFC had sanctioned ₹546 crore loans in 2014-15, against ₹300 crore a year ago.