Home Loans, Auto Loans, Personal Loans To Get Cheaper In The New
Monday, January 2, 2017, 11:18 AM
Home loans, auto loans and personal loans are expected to get cheaper, as the Government wants to trigger consumption in a big way in the economy. The Prime Minister has asked banks to focus on the poor and middle class. SBI, PNB and UBI have already cut benchmark lending rates. Banks are flush with money after demonetization. Private banks could soon reduce lending rates.