Reasons to cheer: Bank home loans set to become cheaper

Interest rates on retail offerings including home, auto, education and personal loans are likely to see some moderation. Some banks have already slashed their interest rates while others are planning to reduce. Borrowers, who are already burdened with the high rate of inflation, will now find some ease in interest repayments.

August 28, 2012 / 18:47 IST

live

bselive
nselive

Volume

Todays L/H

first published: Aug 28, 2012 09:00 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347

Reasons to cheer: Bank home loans set to become cheaper

Trending news