Tuesday, June 28, 2011

Demand for home loans set to dip: Experts

In 2011, as the housing market in the West slowly picks up, the Indian market may be in for slack. SBI withdrew its home loan scheme with effect from May, after RBI raised concerns on the borrowers' ability to repay them over longer tenures. After a period of sustained growth, bankers expect a moderation in home loan growth in the coming months......

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