Capital market, realty face tighter loan norms

Capital market, realty face tighter loan norms

ANINDITA DEY / Mumbai April 12, 2006

The Reserve Bank of India may hike the provisioning requirement for standard assets in real estate, capital market and home loans in its annual credit policy to be announced on April 18.

According to banking sources, the provisioning for incremental standard assets created in these sensitive sectors may be hiked from 0.40 per cent to 1 per cent. This follows banks