Good news for homebuyers! RBI revises upwards housing loan limits under priority sector

Good news for homebuyers! RBI revises upwards housing loan limits under priority sector

Housing loans of up to Rs 35 lakh, for dwellings costing less than Rs 45 lakh, will be treated as priority sector lending (PSL) to give a fillip to the low-cost segment, the Reserve Bank said on Tuesday. PSL loans are relatively cheaper than market interest rate. “With a view to bringing convergence of the […]