Categories: Policies

Views of Mr. Ravindra Sudhalkar, CEO at Reliance Home Finance

New Delhi, August 07, 2020: The RBI’s Rs 5,000 crore support to National Housing Bank (NHB) will give the housing sector a boost and benefit both developers and buyers. With greater finance flow, the developers in need of small capital can now complete their stalled projects. Along with this, the window to enable MSME lenders to restructure loans will ease burden on genuine borrowers.  Incentives to banks to lend to priority sector should also be transferred to NBFCs and HFCs, as affordable housing is also one of the priority sectors and a key industry for the economy.

Not cutting the rates any further will protect the returns of savers and will not push borrowers, including banks and NBFCs, to lend any further and help in maintaining asset quality in stressed sectors. Maintaining an accommodative stance indicates the RBI will intervene to provide the right push and direction to growth when the economic activities start picking up in future.
Corporate Comm India (CCI Newswire)

 

The Property Times News Bureau

Share
Published by
The Property Times News Bureau
Tags: affordable housingDevelopersHFCsMSMENational Housing BankNBFCsNHBRavindra SudhalkarRBIReliance Home FinanceThepropertytimes.in
6 years ago

Recent Posts

Spaces That Breathe: Designing Homes Around Summer Rhythms by 42MM Architecture

New Delhi, May 13, 2026:  As temperatures rise and cities absorb heat, the way a…

4 days ago

JSW One Platforms elevates Mayank Gupta as Chief Financial Officer to accelerate next phase of growth

Mumbai, May 13, 2026: JSW One Platforms, India’s leading tech-enabled B2B commerce platform for manufacturing and…

4 days ago

NEDFi Partners with Veefin Solutions to Revolutionise Digital Lending Operations in Northeast India

New Delhi, May 12, 2026: North Eastern Development Finance Corporation Ltd. (NEDFi) and Veefin Solutions Limited, Mumbai, have recently signed a comprehensive contract…

5 days ago

The Hotel Times Opens Strategic Advertising & Brand Partnership Opportunities for the Hospitality Industry

Hyderabad, May 12, 2026: In a competitive hospitality market where visibility directly impacts occupancy, brand…

6 days ago

CREDAI Tamil Nadu message to New CM

New Delhi, May 11, 2026: On behalf of CREDAI Tamil Nadu, I extend heartfelt congratulations…

7 days ago

Nahyan bin Mubarak Unveils Greenz by Danube, Dubai’s First Fully Furnished Master Villa Project

New Delhi, May 11, 2026: H.E. Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and…

7 days ago