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Labour Laws
06/09/20264 min read
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Informative
RBI broadens scope of home loans under priority sector norms from April 1
Update / Judgement Date
24 Mar 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
BankingRBIRERA & Property Act
The Reserve Bank of India (RBI) has broadened the scope of home loans under priority sector lending norms, effective from April 1. This move aims to increase access to affordable housing and promote financial inclusion. The expanded norms will allow more borrowers to benefit from priority sector lending. This shows the RBIs efforts to promote housing.
