Good news for loan borrowers! Bank of Maharashtra cuts lending rates by 0.10 per cent to 8.60 per cent

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Good news for loan borrowers! Bank of Maharashtra cuts lending rates by 0.10 per cent to 8.60 per cent

State Bank of India cuts lending rates, first time in 10 months.. Is This A Good Time To Buy A House?. News You Can Use: Home Loans To Become Cheaper From Today As SBI Cuts Lending Rate.

Why Your Home Loan Interest Rate Does Not Come Down Despite RBI Rate Cuts. As long as the NPAs in the banking industry stay high, banks will use that as an excuse to not pass on benefit of low rates.

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Continue reading "Home loans turn cheaper, banks cut rates" India;. including Allahabad Bank and Bank of Maharashtra also cut their rates for housing and other loans.. 0.85 per cent to 8.60.

What bank’s 90-bps lending rate cut means for a home loan borrower. MUMBAI: The lending rate cut by State Bank of India is good news for borrowers, especially customers with long-term home loans of 20-25 years. In one swoop, the 90 basis points rate cut has reduced the tenure of a 25-year home loan by almost five years.

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Read more about Rates unchanged: RBI, banks differ on lending rate cuts on Business standard. rbi sees much room and other bankers do not, giving various reasons By continuing to use this site you consent to the use of cookies on your device as described.

Savers are suffering, but borrowers have never had it so good with record low mortgage and loan rates. We explain how to shift your debt to the best deals.

RBI slaps Rs 2 crore penalty on Kotak Mahindra Bank. Good news for loan borrowers! Bank of Maharashtra cuts lending rates by 0.10 per cent to 8.60 per cent