Saransk (Russia), June 19 (IANS) Colombia coach Jose Pekerman said Tuesday his team will continue to fight for a place in the World Cup knockout stage...Read more
Moscow, June 19 (IANS) Veteran French full back Patrice Evra feels that people should reject lunch invites from former Manchester United team mate Cr...Read more
Moscow, June 19 (IANS) Peru midfielder Wilder Cartagena and defender Luis Advincula on Tuesday said their national football team is capable of beating...Read more
Saransk (Russia), June 19 (IANS) A late Yuya Osako header gave Japan a 2-1 victory over 10-man Colombia in an entertaining World Cup Group H match he...Read more
St. Petersburg, June 19 (IANS) Costa Rica's national football team held a training session on Tuesday ahead of their upcoming 2018 FIFA World Cup clas...Read more
New Delhi, June 19 (IANS) Junior shooting World Cup gold medallist Elavenil Valarivan from Gujarat proved too hot to handle for her opponents as she b...Read more
Mumbai, June 19 (IANS) The Reserve Bank of India (RBI) on Tuesday enhanced the housing loan limits under priority sector lending (PSL) to Rs 35 lakh in metropolitan centres under the affordable housing scheme.
The RBI in its Second Bi-Monthly Monetary Policy Statement 2018-19 had decide to enhance the limit for eligibility for PSL under the scheme.
"With a view to bringing convergence of the Priority Sector Lending guidelines for housing loans with the Affordable Housing Scheme, and to give a filip to low-cost housing for the economically weaker sections and low income groups...," the RBI said in a notification.
"... the housing loan limits for eligibility under priority sector lending will be revised to Rs 35 lakh in metropolitan centres (with population of ten lakh and above), and Rs 25 lakh in other centres, provided the overall cost of the dwelling unit in the metropolitan centre and at other centres does not exceed Rs 45 lakh and Rs 30 lakh, respectively."
Furthermore, the RBI said that existing family income limit of Rs 2 lakh per annum, for loans to housing projects exclusively for the purpose of construction of houses for EWS and LIG, has been revised to Rs 3 lakh per annum for EWS and Rs 6 lakh per annum for LIG, in alignment with the income criteria specified under the Pradhan Mantri Awas Yojana.
In addition, loans to individuals up to Rs 28 lakh in metropolitan centres and Rs 20 lakh in other centres, will be eligible to be classified under priority sector, "provided that the cost of dwelling unit does not exceed Rs 35 lakh and Rs 25 lakh, respectively".