The RBI has rationalized the risk weights on housing loans in its monetary policy and it’s positive for a lot of the NBFCs.
What this means is that the loans for premium homes where borrowing is above Rs 75 lakh is likely to get cheaper with the RBI making it easier for banks to lend to this segment.
Speaking in an interview to CNBC-TV18, Yashpal Gupta, MD & CEO of Repco Home Finance said that the RBI policy on home loans will lead to higher liquidity in the system.
Gupta expects another decline of 25 bps in rates over the next 3 months.
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