State Bank of India hikes Interest Rates on Home Loans

Home loans from public sector State Bank of India would be dearer as the lender has decided to hike interest rates by 50 basis points on all credit linked to prime lending rates. Raising the interest rate by 0.5 per cent on all loans such as flats or home loans and auto loans which are linked to PLR. The revision in PLR came after SBI raised its PLR from 12.25 per cent to 12.75 per cent last week following Reserve Bank’s increasing its key short-term lending rate to banks and the mandatory cash deposits that banks need to keep with the apex bank (CRR) by 0.5 per cent each. Referring to the impact on bank’s profit margins. SBI had earlier announced to hike interest rate on fixed deposit rates by up to 75 basis points effective from June 30. State Bank of India in which government has about 60 per cent stake is targeting 40 per cent growth in non-interest income in 2008-09, compared to 28 per cent last fiscal. The bank had lowered its PLR twice in February to 12.25 per cent but decided to raise by 50 basis points last week.

 Cheerio guys!

1.8.08 16:26

To date 21 Comment(s)     TrackBack-URL


Cheap Oakley Sunglasses / Website (10.9.11 03:41)
Cheap Oakley Sunglasses
Discount Oakley Sunglasses

Oakley Frogskin Sunglasses

Oakley Half Jacket Xlj

Oakley Jawbone Sunglasses

Oakley Oil Rig Sunglasses

Oakley Radar Sunglasses
LZL0DVW6V1LW5JJCNA


(26.10.11 04:53)
We are professional supplier committed in cheap watches , mbt shoes , cheap soccer jerseys , mulberry outlet , burberry outlet , moncler outlet and so on , customer service and support team who are glad to assist you.


sping lin / Website (5.11.11 02:22)
N.C.-based north face sale provider, was installing a Toshiba business communication system in the chapter’s newly built north face on sale Operations north face in Winston-Salem, N.C. Goodwill’s loss prevention north face discount told Versa that the chapter had lately opened up a http://www.thenorthfaceis.net of stores in more upscale and was looking for a retail theft solution.


contemporary Dining / Website (17.11.11 09:40)
India's largest bank by branch network State Bank of India (SBI) rose 2.02% ... the changing interest rate environment as the sticky loan portfolio of small

Thank you


contemporary Kids Furniture / Website (23.11.11 07:47)
SBI hikes home loan tenure to 30 years. ... SBI has allowed stretching the loan repayment tenure to a maximum

Thanks.........

contemporary Kids Furniture


jack johan / Website (23.11.11 12:10)
SBI hikes Interest Rates on Home Loans. State Bank of India (SBI), the largest bank in India and one of the leading players in the housing finance market.

Thanks.....
Classic Italian Furniture


north face sale / Website (8.12.11 08:56)
YaYaYaYa is additionally on the list of north face sale most famous decrease jacket models with China and taiwan for doing this is usually excessive traits, it is motivated seeing that north face on sale merchandise exempted by check up. womens north face on the list of top ten well known decrease jacket models in this state, north face jackets on sale seemed to be set up with Haerbin.


uggs outlet / Website (8.12.11 08:57)
Every less heavy as compared with the following ugg adirondack boots sale, designed your purple flag! How to cleanse boot footwear. Hence, these are typically I actually will assist you to establish a imitation ugg boots outlet gentlemen. Hence the next occasion you choosed gather some of uggs outlet store, hence all these issues, practical, plus participate in a extensive examination. Naturally, you will be a person's hard-earned hard cash to a uggs outlet relaxation plus design and style!


Essay writing compay / Website (28.12.11 07:08)
Custom essay
Distance learning has gained a great impetus in the present education pattern. Everyone wants to do something else along with pursuing a course. You can continue your studies along with your job priorities with the assistance of distance education. But in ordinary distance education there are several problems at the level of correspondence. Online education is a type of distance education you may consider but diminishes the pitfalls of regular distance education system.If you have had that itch to get back to school to further your education and want to once again start hitting the books, then you might want to consider going after an online degree.
_____________________
Law Essay


north face outlet store / Website (29.12.11 02:56)
even like darts such originally on is not storm type of magic pet, combat effectiveness also does not than she low how many, visible Lily silk of combat effectiveness difference to has what north face outlet store. but, although combat effectiveness rotten of enough thoroughly, but Lily silk is is a super strong of magic pet, And causes on is she of that section special property. Lily silk can absorption was she eat of biological of gene and has targeted of strengthened own and master of body.


north face clearance / Website (3.2.12 03:51)
so the North Face in a small jiujiancilang to leave you, I had hard turned half-arc in the sky was a beautiful real red fly over there in the past.Small jiujiancilang using transport is the north face clearance than the north face, but locations have just delivered to the vortex will suddenly seemed to have hit over anything from falling out of the space, but for the Red Lotus quick response time to catch the Phoenix locations, well locations will go directly into the lava."The store going?" Red Lotus Phoenix will be asked on a small jiujiancilang on the rocks.


Susan Paul (24.2.12 13:12)
It will be a great day when education gets all the money it wants and the Air Force has to hold a bake sale to buy bombers.
custom dissertation


JAMIE MATHIS (22.3.12 05:45)
The good thing about your information is that it is explicit enough for students to grasp. Thanks for your efforts in spreading academic knowledge.

focus group question


cheap oakley / Website (12.4.12 02:33)
I must appreciate you for the information you have shared. I find this information very useful. thanks.... href="http://www.cheapoakleyonsale.com/">cheap oakley


(13.4.12 17:01)
Belstaff Blouson Jacket,www.google464713.com,http://flats4fun.20six.co.uk/flats4fun/art/624632/State-Bank-of-India-hikes-Interest-Rates-on-Home-Loans


(6.5.12 04:07)
Discount Belstaff Sale,www.google205829.com,http://flats4fun.20six.co.uk/flats4fun/art/624632/State-Bank-of-India-hikes-Interest-Rates-on-Home-Loans


(25.5.12 17:37)
Pandora Charms Shop,www.google521603.com,http://flats4fun.20six.co.uk/flats4fun/art/624632/State-Bank-of-India-hikes-Interest-Rates-on-Home-Loans


(31.5.12 16:28)
birkenstock sandals sale,www.google738644.com,http://flats4fun.20six.co.uk/flats4fun/art/624632/State-Bank-of-India-hikes-Interest-Rates-on-Home-Loans


ray ban sunglasses uk / Website (21.6.12 09:22)
Here is a list of some discount ray ban sunglasses uk a limit, will free ASP and often low cost of Internet Ray Ban Wayfarer sunglasses uksales custody will give you.First of all, the actual bandwidth is qualified to your host server has a free batwolf Charles Oakley cheap ASP virtual host is extremely minimumray ban 2012.


cheap Jordan Shoes / Website (21.6.12 10:57)
these luxurious,cheap Jordan Shoes, environmentally-friendly australian made quilts have a 500gsm wool rich filling and a 100% cotton cover. the aloe vera ensures maximum comfort and softness, helping to moisturise and soften the skin while you sleep. it also offers anti-microbial protection,Jordan retro Shoes, making it a great choice for allergy sufferers and helps decrease the unpleasant smell that is sometimes associated with wool quiltsJordan Shoes 2012


sacs longchamp pas cher / Website (21.6.12 10:57)
Le designer new-yorkais vient pour la prochaine saison de revisiter le sacs longchamp pas cher. Finis combinés téléphoniques et autres imprimés fleuris et avions, la tendance est au bling bling. Un imprimé envahi de plaques métalliques dorées à l’effigie du designer, portant son nom ou au cintre griffé orne désormais ce sacs longchamp pliage pas cherversion automne 2010, un motif que l’on avait aussi découvert dans la collection? longchamp pas cher. Ce collector doré sur fond noir est en vente chez Colette dès aujourd’hui et dans les boutiques Longchamp à partir du 1er juillet 2010.

Name:
Email:
Website:
Email me when further comments are posted
Save information (cookie)


 Insert emoticons