Money Saver India

RBI mulls low rate window for home loans

The window will allow housing finance companies (HFCs) and banks to borrow funds for home loans at lower rates from the NHB. At present, banks borrow funds from RBI at 7.5% using the central bank’s

The window will allow housing finance companies (HFCs) and banks to borrow funds for home loans at lower rates from the NHB.
At present, banks borrow funds from RBI at 7.5% using the central bank’s repo window. Go here for more.

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