Postweek Report (4–8 June)
Increase in housing loan limits is expected to lead to increased lending in the PSL segment
Boost for first-time home buyers
Last week, the Reserve Bank of India increased the housing loan limits for priority sector lending (PSL) eligibility from Rs 2.8 million to Rs 3.5 million in centres with a population of one million and above, and from Rs 2 million to Rs 2.5 million in other centres, smaller towns and rural areas.
Read our postweek report for more on how this will lead to increased lending.
You can benefit from these developments by investing with the smallcase Realty tracker. The smallcase has returned 25.87% over the previous year compared to Nifty returns of 11.61%.
Electric vehicles verticals being created
After Mahindra and Mahindra, last week Tata Motors became only the second company in India to create an electric vehicle vertical that would tap into the full potential of this emerging technology.
Benefit from the electrification of the Indian auto industry by buying the Electric Mobility smallcase. The smallcase comprises companies that are investing in the electric vehicle ecosystem.
