Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessMarketsMarkets cheer SBI decision to scrap teaser loan scheme

    Markets cheer SBI decision to scrap teaser loan scheme

    State Bank of India shares were up 1.5% on Thursday, a day after the bank said it was discontinuing its teaser home loans from May 1.

    April 21, 2011 / 18:16 IST

    State Bank of India shares were up 1.5% on Thursday, a day after the bank said it was discontinuing its teaser home loans from May 1.

    Investors and analysts tracking the stock feel the move will be beneficial for the bank

    first published: Apr 21, 2011 12:05 pm

    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