Tag Archives: State Bank Of India

Slowdown Of Real Estate Affects Loan Industry

The slowdown in the real estate sector has started impacting the securitization of loans to the industry. The demand for such securities has dried up as debt mutual funds turn wary and cut exposure to these securities, considered the most illiquid of tradable papers.
The market for loan securitization was Rs 31,000 crore, of which real [...]

SBI To Review Home Loan Rates

Country’s largest lender State Bank of India on Tuesday said that it would review the interest rates on home loans in the next 10 days. SBI Chairman O P Bhatt told, “We are still examining the market condition and will take a view on home loan rates in another week or 10 days”.
SBI had increased [...]