Banks were also advised to put in place a system for ensuring proper checking and documentation of related papers before sanctioning / disbursing of such loans. In June 2005, the RBI advised banks to have a board mandated policy in respect of their real estate exposure covering exposure limits, collaterals to be considered, margins to be kept, sanctioning authority/level and sector to be financed.
1990  1995  2000  2005  2010  2015  Percent 10  Figure 2: Term-Structure Decomposition of the Nominal 10-Year Rate 10-Year Zero-Coupon Rate Expected Average Real Short Rate  8  Expected Average Inflation Term Premium 6  4  2  0  -2 1990  1992  1994  1996  1998  2000  2002  2004  2006  2008  2010  2012  2014  Source: Federal Reserve Board staff calculations based on Stefania D'Amico, Don H. Kim, and Min Wei (forthcoming), "Tips from TIPS: The Informational Content of Treasury Inflation-Protected Security Prices," Journal of Financial and Quantitative Analysis.