The Reserve Bank of India (RBI) has hiked the limit of individual housing loans extended by co-operative banks by over 100%, announced governor Shaktikanta Das.

• Considering the importance of cooperative banks in promoting inclusive growth, Das has announced three measures for the cooperative banking sector.
• To facilitate better flow of credit to the housing sector, the limits for individual housing loans extended by cooperative Banks were revised upwards by over 100% taking into account increase in house prices.