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Tag Archives: Psu Banks

Is dream home affordable?

December 19, 2008 – 5:57 am

With PSU banks finally offering attractive interest rates for home loans below Rs 20 lakh, the assumption was that it would spur demand in smaller towns where housing is cheaper.
As getting a Rs 20 lakh home loan just got cheaper at a 9.5% interest rate, buyers flock and builders revel, a welcome break after the [...]

By Rajani | Posted in Real Estate News | Also tagged Attractive Interest Rates, Attractive Package, Bhubaneswar, Dream Home, Home Loans, Homebuyers, Liquidity Position, Localities, Orissa, Pune, Real Estate Developers, Real Estate Developers Association, Realty, State Banks | Comments (0)

Save money by shifting home loan to public sector banks

November 15, 2008 – 5:10 am

The Indian government is trying hard to bring down the interest rates in order to counter the economic slowdown. Indian finance minister, Mr. P. Chidambaram, met with heads of private as well as PSU banks and advised them to lower lending rates.
Expectedly, several public sector lenders were first to follow the advise. SBI have lowered [...]

By Rajani | Posted in Real Estate News | Also tagged Allahabad Bank, Bank Of Baroda, Bank Of Commerce, Bank Of India, Bps, Central Bank Of India, Citibank, Dena Bank, Economic Slowdown, Foreign Banks, Home Loan, Indian Finance Minister, Indian Government, Oriental Bank Of Commerce, P Chidambaram, Plr, Prime Lending Rates, Public Sector Banks, Syndicate Bank | Comments (0)