RBI/2013-14/67
DBOD. No.DIR.BC.17/08.12.001/2013-14
July 1, 2013
Ashadha 10, 1935, (Saka)
All Scheduled Commercial Banks
(excluding RRBs)
Dear Sir/Madam,
Master Circular Housing Finance
Please refer to the Master Circular DBOD No. Dir. BC.7/08.12.001/2012-13 dated July 2, 2012 consolidating the instructions / guidelines issued to banks till June 30, 2012 relating to Housing Finance. The Master Circular has been suitably updated by incorporating the instructions issued up to June 30, 2013 and has also been placed on the RBI website (http://www.rbi.org.in). A copy of the Master Circular is enclosed.
Yours faithfully
(Prakash Chandra Sahoo)
Chief General Manager
Encl: as above
|
Sr. No. |
Particulars |
|
A |
Purpose |
|
B |
Classification |
|
C |
Previous instructions consolidated |
|
D |
Scope of Application |
| Structure | |
|
1 |
Introduction |
|
2 |
Direct Housing Finance |
|
3 |
Indirect Housing Finance |
|
4 |
Housing Loans under Priority Sector |
|
5 |
RBI Refinance |
|
6 |
Construction Activities eligible for Bank Credit as Housing Finance |
|
7 |
Construction Activities not eligible for Bank Credit |
|
8 |
Reporting |
|
9 |
Home Loan Account Scheme (HLAS) of NHB |
|
10 |
Bank’s Exposure to Real Estate Sector |
|
11 |
Risk Weight on Housing Finance |
|
12 |
Loan to Value (LTV) Ratio |
|
13 |
Delhi High Court Order on Unauthorized Construction |
|
14 |
Terms and Conditions for Banks Investments in Mortgage Backed Securities (MBS) |
|
15 |
Annex : Financial assistance granted by scheduled commercial banks under the category ‘Housing Finance’ as on September 30/March 31 |
|
16 |
Appendix : Housing Finance circulars |
Click here to download the Master Circular
