Banks’ Lending To Real Estate Sector Over Rs 63 billion

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Sept. 3, 2010, 5:45 p.m. Published in Magazine Issue: Vol.: 4 No.-07 September 3-16, 2010 (Bhadra 18, 2067)
Of the total lending of Rs 462.24 billion by the banks, over Rs 63 billion have been invested in the real estate sector. This is 13.68 percent of the total lending. The banks’ lending in Housing sector has reached beyond Rs 35 billion – which is 7.67 percent of total lending.  In recent times, the central bank has asked the banks to reduce their lending exposure on real estate sector.
 

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