Monday, May 5, 2008

What should I do with my home loan?

The Reserve Bank of India increased the cash reserve ratio by 50 basis points on 17 April to reduce liquidity and control inflation. "Tighter money might push up lending and deposit rates," says Pralay Mondal, country head (retail assets and credit cards), HDFC Bank. So what does that do to your home loan?
Deepti Bhaskaran, Outlook Money - rediff

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