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REALTY CHECK-5TH FEB 2009-DEVELOPERS WELCOME INTEREST RATES CUT

The announcement by the State bank of India to cut interest rates on home loans has been welcomed by developers though they feel that duration of the interest should be more than one year. SBI has announced that it will give home loans on 8% interest for one year.

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Related topics : india bank loan interest rates / home loan interest rate sbi

Realty Check - 30th Jan 2009 - SBI home loans

Banks and housing finance companies have finally started reducing interest rates on housing loans. This move follows the economic stimulus package given to them by the Union government as well as several cuts in key policy rates by the RBI.

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Related topics : home loan interest rate sbi / company loan interest rate / bank loan interest rates