The State Bank of India has announced ‘residential builder finance with buyer guarantee’ (RBBG) scheme. The aim of the scheme is to giving a push to residential sales and improve homebuyers’ confidence. The SBI will issue a guarantee for completion of select residential projects to customers who have availed home loans from it.
The scheme will focus on affordable housing projects priced up to 2.50 crore rupees in 10 cities initially. Under this scheme, the guarantee would be given by the bank until the project gets the occupation certificate (OC).
Important takeaways for all competitive exams:
India's campaign at the Asian Games 2026 kick-off in Aichi-Nagoya in Japan, on the first…
Weekly Current Affairs One-Liners Current Affairs 2026 plays a very important role in competitive examinations…
Tamil Nadu has the highest number of registered GI-tagged textile and handloom items compared to…
Flight Lieutenant Alfred Tyrone Cooke, a highly decorated veteran of Indian Air Force and a…
The Karnataka state government has made the Tulu as the second additional administrative language of…
Tamil Nadu Chief Minister C Joseph Vijay will inaugurate the state's scheme of providing gold…