Sunday, August 28, 2011

Teaser loans are back

... the fiercely competitive environment, once again the leading players may declare war by offering similar ‘teaser loans'.  It is high time the regulators, both RBI and NHB, intervened and put a stop to these unhealthy practices. Before that, if the lenders can collectively decide to keep away from such bad moves, it would be highly appreciable and such a move will be beneficial for the entire financial system of the country.....

No comments: