To ease spends: UPI-credit link, rural bank home loans - The Indian Express


6/8/2022 12:00:00 AM2 years 10 months ago
by George Mathew

In another move that will generate jobs, make housing affordable and promote inclusive growth, the RBI permitted rural cooperative banks (RCBs) to finance residential real estate projects and doubled the limit on housing loans that cooperative banks can offer.

AS LOANS turn costlier with increasing interest rates, the Reserve Bank of India has tried to push growth while simultaneously providing relief to consumers by trying to push credit-led consumption o… [+2439 chars]

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