RBI extends rationalization of individual home housing loan upto Mar 31, 2023

Earlier in Oct’2020, the Reserve Bank had rationalised the risk weights on individual housing loans by linking them with loan to value (LTV) ratios for all new housing loans sanctioned up to March 31, 2022. Now, with a view to benefits borrowers, the RBI has proposed to extend the lower risk weights on home loans by one more year till March 31, 2023.Earlier in Oct’2020, the Reserve Bank had rationalised the risk weights on individual housing loans by linking them with loan to value (LTV) ratios for all new housing loans sanctioned up to March 31, 2022. Now, with a view to benefits borrowers, the RBI has proposed to extend the lower risk weights on home loans by one more year till March 31, 2023.taxmann.com Latest Statutory HappeningsRead More

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