ICICI cuts home loan rates by 25-50 bps

Friday, March 6, 2009, 16:56 [IST]

New Delhi, Mar 6: ICICI bank, one of India's largest private sector bank on Friday, Mar 6 announced 25-50 basis point cut in interest rates on new home loans. The new home loans of up to Rs 20 lakh will now come at an interest rate of 9.75 pc as against 10 per cent now.

Read: தமிழில்

However ICICI has decided to keep its prime lending rate (PLR) unchanged for now. Earlier ICICI benchmark rate was reduced by 50 bps to 16.75 pc.

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Topics: banking, home loans, icici bank, new delhi

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Andhra Bank launches ATM counters with bio metric system

Saturday, May 19, 2007,22:07 [IST]

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