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Friday, December 19, 2008

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Govt rolls out Rs20,000 cr economy booster dose


The union government announced its much awaited booster doze for the economy this week. A significant chunk of this package goes to real estate and infrastructure segment. The Reserve Bank of India has allotted refinance facility of Rs4,000 crore for National Housing Bank. Public sector banks would shortly announce a special package for home loan borrowers in two categories - up to Rs5 lakh and Rs5 lakh to Rs20 lakh. Real estate developers welcomed the move, but added it did not go far enough.

1 comments:

ZA said...

YEH you might be right... but till now i havent received any warning... so its alright...by the way i cant see any adds on you blog ????