home loan interest rate
RBI, in surprise move, hikes key rate by 0.4 per cent, EMIs might go up
The move will lead to an increase in lending rates and make retail loans, including home loans, costly
Banks unwilling to reduce loan rate despite RBI’s call
The RBI cut the repo rate by 25 basis points to 6.25 per cent in its monetary policy review earlier this month.
SBI cuts interest on home loans above Rs 75 lakh
For the salaried woman, the new rate will be 8.55 per cent while for others, it is 8.60 per cent.
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