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Home Loans News

India home loans growth to slow to 20 pct - Crisil (Reuters via Yahoo! Asia News)
MUMBAI April 25 (Reuters) - Home loans growth in India could slow to 20 percent in 2007/08 from an annual 33 percent in the last three years as steep property prices and higher interest rates begin to pinch rating agency Crisil Ltd. said.

RBI resists its urge: rates intact home loans up to 20 lakh may get cheaper (Indian Express via Yahoo! India News)
The credit policy for 2007-08 today brought cheer to the markets and those seeking small home loans with the RBI leaving key lending rates untouched and paving the way for lower interest rates on housing loans under Rs 20 lakh. The central bank reduced the risk weight on home loans of up to Rs 20 lakh from 75 per cent to 50 per cent - a move that will result in a reduction of up to 0.5 ...

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