Profit

Home loans may get costlier, pressure on banks

PUBLISHED ON: October 31, 2006

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Reserve Bank of India has done apparently nothing to upset the home loan party. However, looks at RBI’s analysis of the mid-term policy are bound to give sleepless nights. Especially to those banks that have been lending excessively in the retail loan market and also those consumers who have been borrowing like there is no tomorrow. The rules of the game have just got tougher.
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