Explained: How will SBI rate cuts impact your savings, FDs, and home loans? - Newshunt | Latest and Breaking News, India News & World News
Home explained Explained: How will SBI rate cuts impact your savings, FDs, and home loans?

Explained: How will SBI rate cuts impact your savings, FDs, and home loans?

October 09, 2019
The interest you earn from FDs and savings bank deposits will come down. New home loans will be cheaper, but existing home loan rates will not change immediately. The bank wants people to borrow more, and spend more.


from News Explained: Indian Express Expert Opinion, Expert Opinion on Social Issues | The Indian Express
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3 comments:

  1. Willie Griffeth11 October 2019 at 04:57

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    ReplyDelete
  2. B.T21 November 2020 at 11:04

    For commercial loan, the loan amount a lender will approve is based primarily on the net operating income (NOI) of the property, not your personal income. personal loan for down payment on home

    ReplyDelete
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