Get Started with ixamBee
Start learning 50% faster. Sign in now
In October 2020, the risk weights for all new housing loans from October 16, 2020 and up to March 31, 2022 were rationalized, as a countercyclical measure, irrespective of the amount of loan. These risk weights will continue for all new housing loans to be sanctioned up to March 31, 2023 as follows: 
Loan to Value Ratio is the amount of loan that can be given as a percentage of the market value of a property, which is valued by an empaneled independent valuer identified by the Bank. For eg: if the market value of the property is 80 lakhs, then the maximum loan that can be given is (if LTV Ratio of the bank is 80%) 64 lakhs (80% of 80 lakhs). Other things like income of the applicant will also be considered to decide the final loan eligibility
Which city will have the deepest underground Metro Station of India?
Recently the Central Government has approves Maharashtra’s first Electronics Manufacturing Cluster at which of the following city?
In which of the following year, India received highest ever foreign inward remittances?
Why has the Reserve Bank of India (RBI) introduced the ‘bank.in’ and ‘fin.in’ domains?
What was the sequential growth in remittances under the Liberalised Remittance Scheme (LRS) from July to August 2024?
Which bank is leading with a commitment of ₹6 trillion towards renewable energy projects?
Where was the 28th edition of the multi-national maritime exercise MALABAR 2024 conducted?
