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HDFC, LIC Hsg: Stick to sound HFCs as SBI cuts home loan rate, say analysts


Banking giants State Bank of India (SBI) and Kotak Mahindra Bank’s decision to slash home loan rates by 10-15 bps to 6.7 per cent and 6.65 per cent, respectively may pull customers away from pure housing financiers, especially smaller players, believe analysts.
On Monday, SBI announced a limited period offer, and cut rates to 6.70 per cent (for loans up to Rs 75 lakh) and to 6.75 per cent (for loans above Rs 75 lakh) till March 31. The lender will also give a 100 per cent waiver on processing fees.
Upping the ante, Kotak Mahindra Bank announced a 10 bps cut till March 31, to 6.65 per cent, applicable to both home loans and Balance Transfer Loans across amounts. The lender, too, will give a 100 per cent waiver on processing fees. ....

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Order to make Corona test compulsory for all to enter the budget session of the Legislative Assembly | ચૂંટણી પ્રચારમાં નહીં પણ વિધાનસભાના બજેટ સત્રમાં પ્રવેશ માટે તમામને કોરોના ટેસ્ટ ફરજિયાત કરાવવાનો આદેશ

Order to make Corona test compulsory for all to enter the budget session of the Legislative Assembly | ચૂંટણી પ્રચારમાં નહીં પણ વિધાનસભાના બજેટ સત્રમાં પ્રવેશ માટે તમામને કોરોના ટેસ્ટ ફરજિયાત કરાવવાનો આદેશ
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