This bank increased the Refinance limit from Rs24,000cr to Rs 30,000cr – InterviewSolution

InterviewSolution

1.	This bank increased the Refinance limit from Rs24,000cr to Rs 30,000cr.
Answer» National Housing Bank announced increase of the Refinance limit to Rs.30,000 crore from the previous Rs. 24,000. With this eligible Housing Finance Companies & Other entities will have increased availability of funds. The initial sanctioned limit was set to Rs. 24,000 crore for the current year (July 2018-June 2019) to refinance and credit Housing Finance Companies & other Institutions. Till date, Rs.8835 crore has been sanctioned.

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