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Indian financial system

Indian banks can issue long term home loans: RBI panel

Indian banks can issue long term home loans: RBI panel
Indian banks are allowed to issue 30-year fixed rate home loans under the priority sector category in order to make loans more affordable, announced a Reserve Bank of India panel. A rating agency issued a warning that banks were lending long-term loans with one-year deposits due to which asset-liability mismatches are significantly high for some [...] Continue Reading »



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