Mumbai: Fearing credit turning bad assets in the wake of high interest rates, a number of state-run banks, led by SBI, have decided to raise home loan tenors to 25-30 years or till the borrower touches 70 — well past their working age. ... Home loan tenor extended upto 30 yrs as rate hikes bite hard
Thursday, October 20, 2011
Home loan tenor extended upto 30 yrs as rate hikes bite hard
Mumbai: Fearing credit turning bad assets in the wake of high interest rates, a number of state-run banks, led by SBI, have decided to raise home loan tenors to 25-30 years or till the borrower touches 70 — well past their working age. ... Home loan tenor extended upto 30 yrs as rate hikes bite hard
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