"Mumbai District Central Co-operative Bank (MDCCB) to approach and request NABARD and RBI to consider the self-redevelopment loans outside the purview of 'commercial real estate'"

Issued by: Free Press Journal | Sweety Adimulam | 03 September 2020

"District Cooperative Banks (DCB) can not finance self-redevelopment projects of housing societies as it falls under the purview of 'commercial real estate' and against the loan policy, The Reserve Bank of India (RBI) informed the Maharashtra state cooperative bank (MSCB) on Wednesday."




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