The Presidents/Chief Executive Officers,

All Banks/DFIs

Dear Sir(s)/Madam(s),

EXPOSURE LIMIT ON REAL ESTATE SECTOR

1. Please refer to the BPRD Circular No. 1 of 2014 on the captioned subject.
2. In order to promote Housing Finance in the country, it has been decided that regulatory real estate exposure limit, prescribed vide BPRD Circular No. 01 of 2014, shall not be applicable on ‘Housing Finance’ as defined in the Prudential Regulations for Housing Finance issued vide IH & SMEFD Circular No. 03 of 2017.
3. All other instructions on the subject shall, however, remain unchanged.

Please acknowledge receipt.