{"id":28915,"date":"2018-10-24T15:45:10","date_gmt":"2018-10-24T10:15:10","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=28915"},"modified":"2018-10-24T15:45:10","modified_gmt":"2018-10-24T10:15:10","slug":"rbi-tweaks-norms-to-boost-affordable-housing-lending","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/rbi-tweaks-norms-to-boost-affordable-housing-lending\/","title":{"rendered":"RBI tweaks norms to boost affordable housing lending"},"content":{"rendered":"<p><strong>RBI tweaks norms to boost affordable housing lending<\/strong><\/p>\n<p><strong>News:<\/strong><\/p>\n<ol>\n<li>RBI has made changes in PSL norms to boost affordable housing.<\/li>\n<\/ol>\n<p><strong>Important facts:<\/strong><\/p>\n<ol>\n<li>RBI has increased the loan limit of priority sector lending (PSL).<\/li>\n<li>The change in norms are:\n<ul>\n<li>For metropolitan areas, loan limits have been raised from Rs 28 lakh to Rs 35 lakh, and<\/li>\n<li>For other areas, loan limits have been raised from Rs 20 lakh to Rs 25 lakh.<\/li>\n<li>The overall cost of the home does not exceed Rs 45 lakh and Rs 30 lakh respectively.<\/li>\n<\/ul>\n<\/li>\n<li>Banks may\u00a0tighten loan to value ratio (amount of loan to the total cost of a house) or increase the risk weight if there is a need.<\/li>\n<li>However according to RBI analysis, NPA (Non-performing assets) for housing loan data has been increasing.<\/li>\n<li>To address the issue, banks need to strengthen screening and follow-up measures.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"<p>RBI tweaks norms to boost affordable housing lending News: RBI has made changes in PSL norms to boost affordable housing. Important facts: RBI has increased the loan limit of priority sector lending (PSL). The change in norms are: For metropolitan areas, loan limits have been raised from Rs 28 lakh to Rs 35 lakh, and&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/rbi-tweaks-norms-to-boost-affordable-housing-lending\/\">Continue reading <span class=\"screen-reader-text\">RBI tweaks norms to boost affordable housing lending<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-28915","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704953062},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/28915","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=28915"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/28915\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=28915"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=28915"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=28915"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}