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Getting home loan top-up to be difficult especially for speculative investment in stock market as RBI tightens norms

By Economic Times - 3 months ago
The RBI has voiced worries about the recent increase in top-up home loans, signaling a potential trend of borrowers using the funds for speculative investments, particularly in the stock market. Lenders have been urged by the central bank to remain vigilant and monitor the intended use of the top-up home loans.

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