RBI Introduces Revised Project Finance Norms Effective October 1, 2025

Project finance, inherently complex and characterized by extended gestation periods, necessitates a robust and harmonized regulatory framework. In this context, the Reserve Bank of India (RBI) has undertaken a comprehensive review of the existing prudential norms governing projects under implementation. The outcome of this review is the issuance of the Reserve Bank of India (Project…

Key Considerations When Selecting a Home Loan Agent

IntroductionHome loan agents and brokers play a pivotal role in facilitating the loan acquisition process. Their industry expertise, access to multiple lending institutions, efficient handling of documentation and personalized service make them valuable partners for prospective homeowners. A well-chosen agent can help borrowers navigate the complex world of home financing with greater ease and confidence.…

Checklist of Application Form and Required Documents for Availing a Home Loan

OverviewWhile the format and layout of home loan application forms may vary across banks and financial institutions, the essential information and supporting documents required remain broadly consistent. The application process involves providing comprehensive details of the borrower, and where applicable, the co-applicant and guarantor. Below is a structured overview of the information to be filled…

Strengthening the Monitoring Framework for Home Loans: Challenges and the Way Forward

The rise in non-performing assets (NPAs) and fraudulent activities within the home loan segment reflects increasing operational complexity and systemic vulnerabilities. These challenges often stem from borrower misconduct, collusion with builders or insiders, and lapses in institutional oversight. In this environment, reinforcing due diligence protocols, embracing technological advancements, and adhering strictly to regulatory norms have…

Step-by-Step Guide to Closing Your Home Loan

1. Notify the Lender Begin by formally informing your lender of your intention to close the loan. Share your loan account details and specify the proposed date for final payment. 2. Settle Outstanding Dues Clear all outstanding dues, including the principal, interest, and any applicable charges such as prepayment or foreclosure penalties. Request a final…

Key Methods for Detecting Forged and Fabricated Title Deeds

Detecting forged or fabricated title deeds in home loan applications requires a comprehensive approach involving both manual scrutiny and digital verification tools. Banks and financial institutions adopt several methods to ensure the authenticity of documents, identify discrepancies, and mitigate the risk of fraud. These methods focus on verifying the legitimacy of title deeds, assessing ownership…