Current Affairs · Banking & Financial Regulations
Which of the following statements correctly apply the regulatory framework and strategic lending practices introduced for the real estate sector? 1. Lenders are utilizing General Corporate Purpose (GCP) loans as a compliant workaround to provide funding, provided borrowers can demonstrate fund utilization aligned with project-specific RBI norms. 2. The new framework marks a shift from previous practices where lenders primarily assessed credit based on overall working capital gaps and general borrower needs. 3. To provide developers with operational flexibility, the new rules permit the withdrawal of developer equity mid-project once the primary structure is completed. 4. A key objective of these tighter norms is to enhance the monitoring of individual project loans and minimize the occurrence of inter-creditor disputes. Select the correct option:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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1, 2 and 4 only
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