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Banks told to link home loans to construction

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News from the Real Estate and Financial / business sector to keep you updated. These are taken from RSS feeds, please click on the link in the article to read the complete news.
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Banks told to link home loans to construction

Postby autoBOT » Tue Sep 03, 2013 9:30 pm

The Reserve Bank of India (RBI) has asked banks to link the disbursal of home loans to stages of the property's construction to protect the interests of buyers and contain the fallout of "innovative" housing financing schemes.




Tue, 03 Sep 2013 15:08:29 GMT
Read more here... http://businesstoday.feedsportal.com/c/ ... tory01.htm
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