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Topic: Business
Number of pages / Number of words: 2 / 381
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Fixed interest rates on housing loan have sharply fallen, but not the floating rates, which are linked to medium and long-term PLRs. Banks, refuse to reduce these rates, which appears rather unfair. But then the consumers still needs innovative products like graduated payment mortgages etc., in place of stand alone EMI structures...


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Fixed interest rates on housing loan have sharply fallen, but not the floating rates, which are linked to medium and long-term PLRs. Banks, refuse to reduce these rates, which appears rather unfair. But then the consumers still needs innovative products like graduated payment mortgages etc., in place of stand alone EMI structures...


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