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Government relaxes ECB guidelines and shells out Rs 10,000 crore to boost affordable housing

Updated : September 14, 2019 04:57 PM IST

Sitharaman also said the interest rate on housing building advance will be lowered and linked to the 10-year G-sec yields.
External commercial borrowing (ECB) guidelines will also be relaxed to help housing developers obtain overseas funds.
Government relaxes ECB guidelines and shells out Rs 10,000 crore to boost affordable housing

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