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HDFC, LIC Hsg: Stick to sound HFCs as SBI cuts home loan rate, say analysts

Low home loan rates by banks could put large players in an advantageous position over smaller non-bank players, believe analysts

Topics
Housing Finance | home loan rate | HDFC

Nikita Vashisht  |  New Delhi 

Analysts equivocally believe the phase of low interest rates is in the last leg in India
Analysts equivocally believe the phase of low interest rates is in the last leg in India

Banking giants State Bank of India (SBI) and Kotak Mahindra Bank’s decision to slash home loan rates by 10-15 bps to 6.7 per cent and 6.65 per cent, respectively may pull customers away from pure housing financiers, especially smaller players, believe analysts.

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First Published: Wed, March 03 2021. 13:18 IST

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