Credit Risk Guarantee Fund Trust for Low Income Housing (CRGFTLIH)is established by government of India to cover advances provided for low income housing. RBI has eased norms for making provisions for loans provided to give fillip to low income housing which are covered under the new credit guarantee fund. NBFCs and Microfinance companies are likely to benefit by this move. They may assign zero risk weight for the guaranteed portion of the loan extended for low cost housing.
FlashNews:
DFCCIL Advances East-West Freight Corridor with Stakeholder Push on Financing and Construction
GMR Charts Multi‑Phase Roadmap to Transform Nagpur Airport into India’s Heartland Hub
Kamarajar Port Joins Visakhapatnam as India’s Second 18‑Metre Deep‑Draft Port
El Niño Cuts 13 aGW Hydropower Across Asia, Forcing Coal and LNG Reliance
CUMI Named Armour Partner for DRDO’s Indigenous Vikram VT21 Combat Vehicles
CleanMax Achieves Record 530 MW Commissioning in Q1 FY2027, Expands Portfolio to 4.2 GW
POWERGRID Secures Landmark ¥80 Billion JBIC Green Loan for Clean Energy Push
Vikram Solar Rolls Out First Module at Tamil Nadu Mega‑Facility
AI‑Driven Governance for Capital Projects
India Needs a Comprehensive Approach to Data Sovereignty and Resilience: AS Kiran Kumar
Why India’s Logistics Costs Will Not Fall Through Infrastructure Alone
PM Modi to Dedicate HPCL Rajasthan Refinery, India’s First Greenfield Integrated Complex
Mumbai Port Unveils ₹50.29 Billion Projects on 154th Foundation Day
RVNL Completes Sitafalmandi-Lallaguda Chord Line, Boosting Hyderabad Rail Connectivity
Tata Power Commissions 100.8 MW Jewali Wind Project in Maharashtra
Skyroot Sets Launch Window for India’s First Private Orbital Rocket
India’s ACME Group Seals Landmark Green Ammonia, Methanol Deals with Japan
Indian Railways Posts 4% Freight Growth in June 2026
India, Japan Join Hands to Build Energy Resilience
Home » Provisioning norms eased on loans for low-income housing
Provisioning norms eased on loans for low-income housing
Infrastructure Finance
January 2, 2014January 2, 2014
Leave a Reply
You must be logged in to post a comment.