New Delhi, March 25 -- The Reserve Bank of India (RBI) has announced comprehensive revisions to its priority sector lending norms, effective April 1, designed to improve credit accessibility across key economic sectors.

The updated framework introduces significant changes to loan limits, eligibility criteria, and sectoral targets, aimed at providing more financial opportunities to diverse population segments.

Home loan provisions have been notably modified, with adjusted limits and property cost ceilings across different urban categories.

In metropolitan areas with populations exceeding 50 lakh, eligible home loans have been increased from Rs 35 lakh to Rs 50 lakh, with the maximum dwelling cost rising from Rs 45 lakh to Rs 63 lakh.

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