Good news for home buyers! RBI rationalises risk weights on new loans till 31 March 2022
In a major development the Reserve Bank of India (RBI) today announced its decision to rationalise the risk weights and link them to the loan-to-value (LTV) ratios for all new housing loans sanctioned up to March 31, 2022. The declaration was made by Governor Shaktikanta Das during his speech on the bimonthly Monetary Policy Committee (MPC) announcement
Under the current regulations, differential risk weights are applicable to individual housing loans, based on the size of the loan as well as the loan-to-value ratio (LTV). Source: PTI