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Infrastructure housing loans

RBI gives affordable housing an infrastructure status – eases reserve norms for infra bond sales by banks

RBI gives affordable housing an infrastructure status – eases reserve norms for infra bond sales by banks
RBI (Reserve Bank of India)issued a directive on Tuesday that the Infrastructure bonds issued by the banks will have a minimum maturity period of seven years and will not be considered a part of the their net demand and time liabilities (NDTL). RBI also gave the authority to the banks to issue these rupee-denominated bonds [...] Continue Reading »



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