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One of the most important sectors from which bank generate its income is through the Home Loan department.

Banks unwilling to reduce loan rate despite RBI's call

The RBI cut the repo rate by 25 basis points to 6.25 per cent in its monetary policy review earlier this month.

22 Feb 2019 1:48 AM IST

Reserve Bank of India Governor Shaktikanta Das digitally delivers a statement. (PTI Photo)

RBI, in surprise move, hikes key rate by 0.4 per cent, EMIs might go...

The move will lead to an increase in lending rates and make retail loans, including home loans, costly

5 May 2022 2:15 AM IST

SBI Cards is also in the process of speeding up customer acquisition process by reducing the delivery period so that more and more people are added to the network.

SBI cuts interest on home loans above Rs 75 lakh

For the salaried woman, the new rate will be 8.55 per cent while for others, it is 8.60 per cent.

9 Jun 2017 6:40 PM IST