Home Loan interest decreased
Feb 13th, 2008 | Category:India News, National News
P Chidambaram
The sources said that the finance minister of India P Chidambaram said that all public banks have to increased the amout of home loans. He also said that the interest rates on home loans to be decreased.
Chidambaram also said that this has been agreed to by all banks. Current interest rates on home loans are around 11 per cent. P Chadambaram said the interest rates to be decreased to 8 or 9 percent.
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