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Home > Forum > Delhi > Real estate News > Changes made by RBI in ECB system

Changes made by RBI in ECB system

Q: What are the changes made in ECB system recently?

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real estate news in india
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ecb changes
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Replies (5)
1
The supply of low cost housing units in India is presently very low, the ECB window will definitely help developers raise resources at cheaper rates, which would help them build more low-cost housing projects
Sameer Khan


2
Hi, the RBI has also allowed real estate developers and housing finance companies to raise up to $1 billion through ECBs in the last fiscal in order to promote low-cost housing projects.
Nishant Pathak


3
It was only one year earlier. RBI is looking to promote affordable housing in India. That’s why it has taken this decision
Lohit Raj


4
How much relaxation was given earlier? Why was it extended?
Srishti


5
RBI has extended the external commercial borrowing (ECB) relaxation for affordable housing for two years currently
Pranab Malakar


6

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