PSU Banks do not see picking up demand on special home loan scheme : Rupee Times »

Posted By monicachenoa 9 months, 2 weeks ago in Business & Finance
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The special home loan package that was announced by the public sector banks for home loans up to Rs 5 lakh and loans between Rs 5 lakh and Rs 20 lakh has not got the expected response. The banks so far have disbursed Rs 1,550 crore under the scheme that was announced nearly two months back.

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    monicachenoa9 months, 2 weeks ago

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    Moreover the banks are facing a slow demand on their normal home loans due to the expectation of further cut in the real estate prices.

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