Hdfc Joins Rate War

Housing Development Finance Corporation (HDFC) today announced a cut of 50 basis points in the interest rates on its floating rate home loans and another cut of 25-50 basis points in fixed rate loans, thereby joining the rate cut war with the State Bank of India.
However, HDFC managing director Keki Mistry said:
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First Published: Sep 04 2002 | 12:00 AM IST
