Saturday, September 22, 2007

HDFC may cut home loan rates (The Hindu)

Mumbai, Sept. 21 Housing Development Finance Corporation Ltd is expected to slash interest rates on home loans next week. Ms Renu Karnad, Executive Director, HDFC, said that the housing finance major had seen a 50 basis point reduction in its cost of funds, against last month.

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[Source: Yahoo! News Search Results for housing loan]

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