You are here: Home » Companies » Financial X-Ray
Zee Entertainment-Sony Pictures merger: Making of a media behemoth
Business Standard

Market yet to respond to rate cuts on home loans, share prices unaffected

Lower rates to aid loan demand for financiers who can offset discounts over the long tenure

Topics
stock market | Home loans | Indian Banks

Devangshu Datta  |  New Delhi 



Home loan

The housing finance majors are trying to create demand during the festive period by cutting interest rates. Mortgage major has cut its minimum mortgage rate to 6.7 per cent. The is responding after cuts from State Bank of India (SBI), Bank of Baroda, Kotak Mahindra Bank, and Punjab National Bank (PNB). Most are offering rates between 6.5 per cent and 6.9 per cent.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Thu, September 23 2021. 07:11 IST

RECOMMENDED FOR YOU

.