RBI data: Home loan outstanding surges by Rs. 10 trillion in 2 years

07 May 2024 CW Team

Recent data released by the Reserve Bank of India (RBI) indicates a remarkable surge in the outstanding amount of home loans, amounting to an increase of Rs. 10 trillion over the past two years. This substantial growth reflects the robust demand for housing finance and underscores the resilience of India's real estate sector despite economic challenges.

According to the RBI, the outstanding home loan amount has witnessed a notable uptick, reaching Rs. 10 trillion within the span of just two years. This surge in home loan disbursements signifies a positive trend in the housing finance market, driven by factors such as favourable interest rates, government incentives, and increasing urbanisation.

The significant expansion in home loan disbursements highlights the growing aspirations of Indian households towards homeownership and the role of housing finance institutions in fulfilling these aspirations. The availability of affordable housing finance options has played a pivotal role in enabling individuals to realise their dreams of owning a home.

The surge in home loan outstanding is indicative of the resilience and potential of India's real estate market, which continues to attract investments despite macroeconomic uncertainties. The robust demand for housing finance underscores the importance of supportive policies and initiatives aimed at promoting homeownership and fostering sustainable growth in the housing sector.

As the housing finance market continues to expand, stakeholders are encouraged to adopt measures that ensure responsible lending practices and enhance accessibility to housing finance for all segments of society. The sustained growth in home loan disbursements bodes well for the overall health and stability of India's housing finance sector, contributing to the nation's economic development and prosperity.

Infrastructure Transport

23 Dec 2025

HAL Airport Reopening Needs BIAL Consent: Centre

The Union government has said that reopening the existing HAL Airport in Bengaluru for civilian operations would require the consent of Bengaluru International Airport Limited (BIAL), in line with the concession agreement governing Kempegowda International Airport (KIA). Informing the Lok Sabha, Minister of State for Civil Aviation Murlidhar Mohol said the concession agreement between the Government of India and Bengaluru International Airport Limited stipulates that no new or existing airport—except for the development of Mysuru and Hassan as domestic airports—can be developed, improved,..

Guwahati Airport Plans Second Terminal As Traffic Grows

Even as Prime Minister Narendra Modi is set to inaugurate the new terminal at Lokapriya Gopinath Bordoloi International Airport on December 20, the Assam government has begun planning a second terminal at Guwahati’s main aviation hub to cater to rising passenger traffic and the airport’s expanding regional role. Chief Minister Himanta Biswa Sarma said the state is considering a completely new additional terminal, noting that planning work is already under way. Following the inauguration, all operations will initially be shifted to the new terminal, while the existing terminal will be phas..

Ramco To Deploy Aviation Software At Powerhouse Engines

Enterprise aviation software provider Ramco Systems Corporation, a subsidiary of Ramco Systems Limited, has announced the implementation of its next-generation aviation software at Powerhouse Engines, a South Florida-based aviation services company specialising in jet engine leasing, trading and maintenance, repair and overhaul (MRO) for CFM56 family engines. The CFM56 engines, jointly developed by GE Aerospace and Safran Aircraft Engines, power narrow-body aircraft such as the Airbus A320ceo and Boeing 737 Classic and NG. Ramco’s aviation software will deliver end-to-end lifecycle coverage..