भारतीय �रज़वर् बैंक
RESERVE BANK OF INDIA
RBI/2024-25/62
DOR.CRE.REC.33/08.12.001/2024-25 August 12, 2024
Housing Finance Companies
Madam/ Dear Sir,
Review of Risk Weights for Housing Finance Companies (HFCs)
Please refer to Master Direction – Non-Banking Financial Company – Housing Finance
Company (Reserve Bank) Directions, 2021 dated February 17, 2021, as updated from
time to time. On a review,...
भारतीय �रज़वर् बैंक RESERVE BANK OF INDIA RBI/2024-25/62 DOR.CRE.REC.33/08.12.001/2024-25 August 12, 2024 Housing Finance Companies Madam/ Dear Sir, Review of Risk Weights for Housing Finance Companies (HFCs) Please refer to Master Direction – Non-Banking Financial Company – Housing Finance Company (Reserve Bank) Directions, 2021 dated February 17, 2021, as updated from time to time. On a review, it has been decided to carry out the following modifications:
(i) Risk weighted assets for undisbursed amount of housing loans/other loans – In order to address a potential anomaly in computation of risk weighted assets for undisbursed amount of housing loans/other loans vis-à-vis that for an equivalent disbursed amount of similar exposures, it has been decided that the risk weighted assets computed for undisbursed amount of housing loans/other loans as per step 1 and step 2 of paragraph 6.3.1 of the Master Direction ibid, shall be capped at the risk weighted asset computed on a notional basis for equivalent amount of disbursed loan.
(ii) Risk weight for Commercial Real Estate – Residential Building – With reference to Sr. No. 3(d)(i)(a) under paragraph 6.2, the risk weight of fund- based and non-fund based exposures to ‘Commercial Real Estate-Residential Building’, which are classified as standard, shall be 75 per cent. For exposures under this ______________________________________________________________________ िविनयमन िवभाग, क��ीय कायार्लय, क��ीय कायार्लय भवन, 12व�/ 13व� मंिज़ल, शहीद भगत �संह माग,र् फोटर्, मुंबई - 400001 टेलीफोन/ Tel No: 22661602, 22601000 फैक्स/ Fax No: 022-2270 5691 Department of Regulation, Central Office, Central Office Building, 12th/ 13th Floor, Shahid Bhagat Singh Marg, Fort, Mumbai – 400001 �हदं ी आसान ह,ै इसका �योग बढ़ाइएcategory, which are not classified as standard, the risk weight shall be as per the category ‘Other Assets (Others)’ as indicated at Sr. No. 6(d) of paragraph 6.2 of the Master Direction ibid (which presently is at 100 per cent).
2. The above instructions shall be applicable from the date of issue of this circular. All other instructions of the Master Direction ibid remain unchanged.
Yours faithfully, (Vaibhav Chaturvedi) Chief General Manager 2