State Bank of India last week had cut MCLR by 15 basis points which brought down its home loan interest rate to a six- year low of 9.1 percent. Commenting on the rate cut, Rajnish Kumar, Managing Director at SBI said as home didn‘t increase significantly in the past one year, SBI expects the two-month offer to help people buy their dream home.
first published: Nov 2, 2016 12:31 pm
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