SBI goes for the kill, cuts home loan rate to 8%

calendar January 31, 2009

Happy days are here again for home buyers as the bank freezes the rate for a year. In a move that may trigger a rate war, State Bank of India today said it would charge 8 per cent interest on new loans for home buyers and small and medium enterprises for a year.

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SBI goes for the kill, cuts home loan rate to 8%

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