Union Bank of India on Monday became the first bank to reduce its home loan rates by 0.50 per cent after the Reserve Bank slashed its key short-term repo rate by one per cent.
The new interest rate, with effect from tomorrow, will be 11 per cent, the bank said in a release issued here.
The public [...]
Filed under: Home loan, Home loan India, Home loan rates | Tagged: home loan rate, home loans, housing loans, interest rate, PNB, repo rate, Reserve Bank, UBI | 1 Comment »
