Wednesday, October 8, 2008

RBI taking steps to ease the liquidity crunch, home borrowers may get 25-50 basis points relief from high interest rates in the short term

Besides reviving demand for loans, the moderation in interest rates for home borrowers and SMEs will give a political benefit to the UPA government, which faces a general election before May next year, the industry sources said.Loans for homes, SMEs may dip

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