Banks to tighten home loan approvals, EMIs could rise under RBI’s new rule

Last month, the RBI’s circular urged lenders to consider borrowers’ ability to repay at the time of approval of variable rate personal or home loans.

Borrowers with adjustable rate loans have two options.

https://www.zeebiz.com/personal-finance/news-banks-to-tighten-home-loan-approvals-emis-may-go-up-under-rbi-s-new-rule-stst-252538 Banks to tighten home loan approvals, EMIs could rise under RBI's new rule

Russell Falcon

Nytimepost.com is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – admin@nytimepost.com. The content will be deleted within 24 hours.

Related Articles

Back to top button