Thursday, April 26, 2012

RBI ups housing loan limit to Rs 10 lakh for weaker section


…………"It has been decided to increase the limit from Rs 5 lakh to Rs 10 lakh for the bank loans extended to non-governmental agencies, approved by NHB for their refinance, for on-lending for the purpose of construction or reconstruction of individual dwelling units or for slum clearance and rehabilitation of slum dwellers." the RBI said in a notification………………

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