Tag: mortgage cut

DLF and Unitech stocks up on mortgage cut.

Real estate developers rallied after newspaper Times of India reported on Tuesday some banks were cutting home loan rates for new borrowers, sparking hope of increased property sales in the country. DLF and Unitech rose about 1% each on the report, which said that lenders Canara Bank and IDBI Bank had slashed these rates to attract new borrowers. The […]