“Considering the importance of the housing sector and given its forward and backward linkages to the economy, it has been decided, as a countercyclical measure, to reduce the risk weight on certain categories of housing loans sanctioned on and after today,” the RBI said in a statement.Welcoming the decision, ICICI Bank MD Chanda Kochhar said the SLR cut and reduction in risk weights for housing loans are positive moves that will support bank liquidity and encourage growth in housing loans.

This will further reduce the expenses of banks in giving a home loan and may lead to lower home loan rates..Mumbai: In a move that could reduce new home loan rates and boost the housing sector, the RBI on Wednesday reduced the risk weightage or the amount that a bank is required to set aside for giving a loan to cover unforeseen risks.“The current measure of lower risk weightage and lower provisioning requirement should bring in higher growth for the sector in the quarters to come,” said Mr Siddharth Purohit, senior equity research analyst, banking, Angel Broking.The central bank has also decided steel castings china to reduce the standard asset provisioning rate on such loans.

Samsung has lately launched two new air purifiers — AX7000 and AX3000, priced at Rs 41,990 and Rs 15,490 respectively. Both the products are available for purchase from online and offline stores.5  and  PM10 levels.5 particles. The model is also capable of faster air purification with higher Clean Air Delivery Rate (CADR).The Samsung AX7000 gets a three-way air flow system and thanks to a Digital Inverter Motor, is quite durable and will ensure years of trouble-free service.5 Filter, Activated Carbon+ Deodorization Filter and Virus Doctor.Samsung AX7000 comes equipped with a digital indicator and colour lights that indicate the pollution drop on a real-time basis and people can see an exact numeric measurement of the PM2.5 mechanical filters, which the company claims to trap 99 per cent of PM2. The CADR is rated at purifying the air at a rate of 773m3/h and covers a wider area of 93m2

.There also a four-step air filtration mechanism Pre Filter, PM2.The AX7000 boasts PM2.(Source). Samsung range of air purifiers, with cutting-edge technology and design excellence, will protect consumers from indoor pollution and help them adopt a healthier lifestyle,” the company said. Samsung air purifiers are designed to combat indoor custom steel castings Manufacturers pollution in the most effective way with the least power consumption,” the company further added.“The indoor allergens and irritants pose greater danger today because we are spending more time indoors due to rise in pollution level outside. As modern homes are airtight, these irritants can’t easily escape and demand an advanced purification process.“At Samsung, we listen to consumers and deliver meaningful innovations to make their lives better.