| From Indiatimes.com: The Reserve Bank of India (RBI) may step up its efforts to pre-empt another bubble in the local property market by increasing the cost of funds for the commercial real estate sector by up to 200 basis points.
“We are looking at a hike in the risk weight to the commercial real estate (CRE) segment to 125% as a measure to ward off another bubble in the real estate segment and to ensure high credit quality,” said an RBI official who asked not to be named....................Full Article: Source
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