The Reserve Bank of India’s cut in the cash reserve ratio has released Rs 20,000 crore into the market—happy news for home loan borrowers because it may stop rise in interest rates.
HDFC chairperson believes Deepak Parekh the fall in oil prices, moderated inflation and rising liquidity will cap interest rates. “Oil prices are coming down, [...]
Filed under: Home loan, Home loan India, Home loan rates | Tagged: Home loan rates, interest rate, loan EMI, RBI, Reserve Bank of India, cash reserve ratio, home loan borrowers, HDFC Bank, credit policy | 1 Comment »
