Current Affairs - Banking - Discussion

Discussion Forum : Banking - Latest Current Affairs (Q.No. 2105)
2105.
Which bank reduce the interest rate on new home loan above Rs. 75 lakh recently?
ICICI Bank
City Union Bank
State Bank of India
Syndicate Bank
Answer: Option
Explanation:
State Bank of Indian reduced the interest rate on new home loan above Rs. 75 lakh. SBI home loans above Rs. 75 lakhs be cheaper by 10 basis points or 0.1 per cent. The revised interest rates will be 8.55 per cent for salaried women borrowers. For others, the rate of interest will be 8.60 per cent. It will Effective from June 15, 2017.
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