As an interested reader, when I see "Very few banks offer actual true-blue fixed interest rates.", I would definitely expect you to give the names of those very few rare species of banks. If no one gives such fixed-rates, why don't you say so? If you have info, plz do share it. I did not quite get this comment on "politicians can ill afford to ignore and hence a dramatic increase in rates in a short time is very unlikely." Do you mean to say PC or SG will call up our RBI head and say..."hey stop it...I don't care what you are thinking?"
RE:Can we have some more clarity?
by Venkata kommu on Feb 19, 2007 09:14 PM Permalink
ICICI and HDFC still offer fixed rate loans which remain fixed till the entire tenure.
RE:Can we have some more clarity?
by amit Sharma on Feb 20, 2007 09:41 AM Permalink
what the hell r u taking about? why SG or PC can't call up RBI to curb the rates. It is there resonsibility and the matter is directly connected to lives of millions of people who have taken home loans which they will repay for rest of their lives.