RBI proposes new rules for housing finance companies

News: Reserve Bank of India(RBI) has proposed new guidelines for Housing Finance Companies(HFCs). Facts: What are Housing Finance Companies(HFC)? It means financing for purchase, construction or repair of residential dwelling units and some other activities including giving loans to corporates and government agencies for employee housing projects. All other loans including those given for furnishing… Continue reading RBI proposes new rules for housing finance companies