Please refer to the BPRD Circular No. 01 dated January 02, 2014 on the captioned subject.

1) With a view to promote the low cost/low income/affordable housing, the limit of 10% as notified in the above referred circular will not be applicable on financings under Government Housing schemes and initiatives.

2) It is further clarified that by linking exposure with the advances and investments (net of Government Securities), a substantial cushion is available to the banks for promoting housing finance.

3) All other instructions will remain unchanged.

Please acknowledge receipt.