The Reserve Bank of India has issued a revised master circular on housing finance for Primary (Urban) Co-operative Banks (UCBs), consolidating the applicable instructions and guidelines. The updated circular replaces the previous master circular of April 2, 2024 and incorporates all instructions issued up to March 31, 2025, as listed in Annex 3. The RBI emphasised that the master circular is a compilation of existing directions and does not introduce any new instructions or guidelines.
Reserve Bank of India 2025-04-01
Reserve Bank of India updates master circular consolidating housing finance rules for urban co-operative banks
The Reserve Bank of India released a revised master circular on housing finance for Primary (Urban) Co-operative Banks, consolidating existing instructions and guidelines. This update replaces the previous circular from April 2024 and includes all directives issued up to March 31, 2025. No new instructions or guidelines have been introduced.