RBI advises banks to link loan disbursals with stages of construction
Mint
Mint
  • 6 years ago
On 3 September, RBI expressed its displeasure on home loan products such as the 80:20 or 75:25 schemes that make upfront payment to builders. It has advised banks to link loan disbursals with the stages of construction. Mint's Vivina Vishwanathan explains
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