In 11 years, the share of home loans in total advances has risen to 14.2%, according to an RBI data.
July 4, 2023
MUMBAI: According to the Reserve Bank’s most recent Financial Stability Report (FSR), the share of residential home loans in total advances has risen from 8.6% in March 2012 to 14.2% in March 2023. It also said that the housing sector is prospering, with sales growing by 21.6% in the fourth quarter of 2022-23 (January-March). In […]
In 11 years, the share of home loans in total advances has risen to 14.2%, according to an RBI data.more