Home loans may become cheaper

Home loans may become cheaper

Mumbai : India | Aug 02, 2012 at 10:25 PM PDT
Source: Times of India
Views: Pending
With lenders continuing to offer special deals only to new home loan customers, the industry is set to see a churn in the portfolio as this is the only way a large number of existing borrowers will be able to take advantage of lower rates. SBI's move has changed the equilibrium that loan rates had settled... FULL ARTICLE AT Times of India
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear
  • Credibility
  • Wait... Flag

News Stories

  • SBI cuts deposit rate, others may not follow

      Daily News & Analysis
    A day after it reduced home and auto loan rates by 25-50 basis points (bps), or a quarter-to-half percentage point, the State Bank of India (SBI), the country's largest bank, on Thursday cut its term deposit rate for the five-years-and-above tenure...
  • Home loans may become cheaper

      Time of India
    A day after SBI reduced home and auto loan rates, the National Housing Bank, the regulator for home finance firms, pared the refinance rate under a special scheme by 75-100 basis points, signalling the possibility of a further rate cut. Besides, SBI...

More From Allvoices

Most Commented Reports

Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.