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HOME RATEs
by Raman A Lokhanday on Apr 07, 2007 03:25 PM

Dear friends,

home loans have really gone up drastically based upon the hike of RBI now and this is really affecting a normal person who dreams of building a home by availing a home loan now the hike has really blastered his dreams into pieces as he doesnt stand any where for applying for a home loan? Has RBI thought on this issue? they are just hiking the rate of interest only to control the cash flow to bankers and control the real estate costs.

RBI Should really cut down the rate of interest (CRR and PLR)

Regards
Raman

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The above message is part of the Discussion Board:
Is RBI's rate hike justified?