Will the government-backed housing loan package push PSU banks towards an uncharted territory? Some quick back-of-the-envelope calculations bring out the unprofitable and the dark side of Monday's government-backed home loan package.

In a situation where housing prices start falling over the next one-two years, and lenders stick to the current rules governing loans to home buyers, these loans could become headache for the banks, the government and borrowers under the new scheme, experts said.

The Times of India