Real estate loans grow 100% despite higher risk weightage
Published Monday, September 04, 2006 by Money Man Mike.
MUMBAI: Real estate loans grew 100% between June?05 and June?06, despite RBI raising the risk weightage on such loans to discourage banks funding builders, reports Our Bureau.
According to the annual report, loans to commercial real estate rose 102% year-on-year (y-o-y) as at end June?06.
Tagged: home loans
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