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No material impact of rate hike on demand for home loans: RBI data

Interest rates do not seem to have a material bearing on people who buy their dream residential properties on borrowed funds as the home loan outstanding of banks almost doubled to Rs 16.85 lakh crore in the last five years, shows Reserve Bank data. ....

Andhra Pradesh , New Delhi , West Bengal , Tamil Nadu , Samantak Das , Other Retail Assets At Bank , Reserve Bank , General Manager , Director Renu Sud Karnad , Mumbai Metropolitan Region ,