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Link disbursal of home loans to stages of construction: RBI to banks

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First published: September 4, 2013, 8:07 AM IST | Updated: September 4, 2013
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Link disbursal of home loans to stages of construction: RBI to banks
The Reserve Bank on Tuesday asked banks to link the disbursal of home loans to stages of construction to protect the interests of buyers and contain the fallout of "innovative" housing financing schemes.
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