Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 2114)

2017-05-16 Banking

2114.

Which two bank recently slashed interest rate by up to 0.3 percent for loans of up to Rs 30 lakh to promote affordable housing?

Canara and KVB

ICICI and HDFC

HDFC and Axis

Axis and Canara

Answer: Option

Explanation:

Following SBI, two leading private lenders ICICI Bank and HDFC Ltd on slashed interest rate by up to 0.3 percent for loans of up to Rs 30 lakh to promote affordable housing. New home loans rates for up to 30 lakh for women will be 8.35 percent and for other others, 8.40 percent.