...............In the past one decade, there has been surge in funding to long-term advances in the form of home loans. As such the portfolio towards long-term lending is increasing rapidly in the books of every bank, thus posing a big challenge for the ALM in managing asset-liability mismatch. The need of the hour is to facilitate banks to generate long term, cheaper and sustainable funds for which the RBI has initiated a few noteworthy steps. It issued a circular on July 15 to all banks, permitting them to issue long-term bonds with a minimum maturity of seven years to raise resources for lending to infrastructure projects and affordable housing. The National Housing Bank may follow suit and may issue similar guidelines to ......
The very purpose of VITALINFO is to provide a platform for wider dissemination of updated information related to and happening of events in and around RBI.
No comments:
Post a Comment