No consensus on interest rates (Indian Express via Yahoo! India News)
Story date: 2007-10-03 02:32:46
Added on: 2007-10-03 22:00:16
Opinion among bankers is mixed over whether interest rates are likely to soften, even as two state-owned banks-Central Bank of India and Canara Bank-on Wednesday reduced home loan interest rates by 50 basis points. Housing Development & Finance Corporation (HDFC) also recently cut home loan rates by 50 basis points to 10.5% as part of its festive offer. Central Bank and Canara Bank home loan ...
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