Updated Feb 11, 2021 | 15:51 IST
State Bank of India said that its home loan portfolio has crossed Rs 5 trillion in assets under management and that the Retail Housing Business Unit is the largest portfolio for the public sector bank. Dinesh Khara
Home loans will be a major focus for SBI going forward, said Chairman Dinesh Khara
SBI s home loan interest rates start at 6.80% currently, second only to Kotak Mahindra Bank s 6.75% offering
Amid the lowest ever home loan interest rate offerings by banks and the push for the revival of residential real estate, India s largest lender, State Bank of India (SBI) has said that the bank has crossed the Rs 5 trillion mark in its home loan segment. The bank aims to achieve Rs 7 trillion worth of Assets Under Management (AUM) under its home loan portfolio by the financial year 2024.