RBI creates sub-sector for housing, paves credit flow
The RBI on Friday curved out a seperate sub-sector christened as Commercial Real Estate - Residential Housing (CRE-RH), which will attract a lower risk weight of 75 percent and lower standard asset provisioning of 0.75 percent as against 100 percent and 1 percent respectively for the CRE segment only.
June 24, 2013 / 09:18 IST
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