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Money > Business Headlines > Report April 29, 2002 | 1420 IST |
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Risk weights reduced for housing loans
The RBI has reduced the risk weightage assigned to residential housing properties from 100% to 50% to further improve flow of credit to the housing sector. The release said, "the prudential requirements for housing finance by banks and investment by banks in securitised debt instruments of Housing Finance Companies are liberalised as follows:
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