Ltv ratio

Shobhit Jain (Querist) 01 June 2020 This query is : Resolved
RBI has set a maximum LTV ratio for housing finance for scheduled commercial banks. Whether it will be applicable to NBFC's as well?

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Raj Kumar Makkad (Expert) 01 June 2020
The question you put belongs to Chartered Accountants so better to avail their services.

Dr J C Vashista (Expert) 02 June 2020
Post the question in CA Club.

Rajendra K Goyal (Expert) 02 June 2020
The circular instructions are for Commercial Banks (Excluding RRBs and local area Banks).

Can get clarification from RBI through RTI in case of need.

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