HUDCO Plans to Replace Foreign Loans with Cheaper Rupee Debt

HUDCO, a company that gives out loans for building projects, is changing how it borrows money.

They're planning to swap expensive loans from other countries with cheaper loans in their own currency.

This helps them save money on interest.

They also want to be careful about how they handle different currencies to avoid losing money.

HUDCO borrowed a lot of money at a good interest rate this past quarter.

They are also lending out more money than ever before, with the loan amount increasing significantly.

Despite some challenges, they have very few bad loans and are working to resolve them.

This means the company is doing well and growing.