RBI allows banks to extend loan against long term bonds
The central bank however clarified that banks are not permitted to lend against such bonds issued by other banks.
Nov 27, 2014, 21:52 PM ISTAffordable homes: Bank can lend Rs 10 lakh against infra bonds
The RBI on Thursday allowed banks to extend loans up to Rs 10 lakh to individuals against long-term infrastructure bonds issued by them, thus easing loan norms for low-cost housing.
Nov 27, 2014, 15:31 PM IST