Profit

ICICI sees slowdown in home loans

PUBLISHED ON: October 2, 2007 | Duration: 2 min, 11 sec

  
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HDFC may have decided to cut interest rates on home loans but its rival ICICI Bank has decided to adopt wait and watch policy for now. The festive season is in the air and some banks have cut interest rates on homes, cars. But banks like ICICI are seeing their bottomlines squeezed and so low interest rate party might fizzle out.
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