Issued by: Times of India | Clara Lewis | 12 March 2021
In a master direction issued last month the RBI said, “Housing finance shall mean financing for purchase/ construction/ reconstruction/ renovati-on/ repairs of residential dwelling units which includes loans to individuals or group of individuals including co-operative societies for construction/purchase of new dwelling unit.
However, the burning question for Leander has remained unanswered, "who will held responsible, if project fails ?"
