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IDBI Bank cuts home loan rates, deposit rates

PUBLISHED ON: November 1, 2012 | Duration: 4 min, 56 sec

   
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IDBI Bank has cut its floating home loan rates in order to drive growth in the home loan segment. RK Bansal, executive director of IDBI Bank explains that strong competition in the home loan segment is one factor behind the rate cut. IDBI bank has also reduced deposit rates in certain segments.
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