Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 251)
251.
Which of the following bank has reduced the home and car loan rates, effective from August 14?
HDFC Bank
Nanital Bank
Axis Bank
Bank of Maharashtra
Answer: Option
Explanation:
The Bank of Maharashtra has reduced the home and car loan rates, effective from August 14. With the latest cuts, customers will pay an interest of 8.5% for home loans in place of 8.6%. Similarly, car loan rates have been reduced to 8.7% from 8.9%.
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