Home   >>    Loan   >>    Home Loan   >>     Overview
Get Home Loan Offers
A maximum of 5 providers will compete to give you the best rates (Dec 2016)
 
 
 
Yes No    
 

Preferred Banks
  •  Any 5
  •  INDIABULLS
  •  ICICI BANK
  •  HDFC
  •  AXIS BANK
  •  KOTAK BANK
  •  DHFL
  •  STAN CHART
  •  HSBC
  •  CITIBANK
  •  RELIANCE
  •  IDBI BANK

 
 
 
 
 
 

I authorize the website and its partner providers like HDFC Ltd, ICICI Bank, DHFL and other banks/NBFCs to call or SMS me in connection with my application & agree to the Privacy Policy and Terms of use

Kamath expects no rate change in near future

Kamath expects no rate change in near future

Apnaloan.com Research Bureau

09 May 2008

ICICI Bank Managing Director and Chief Executive Officer, KV Kamath has said in media reports that he does not expect any interest rate change in the near future.

He ruled out an expected hike in interest rates even though the Reserve Bank of India (RBI) hiked the Cash Reserve Ratio (CRR) to 8.25 per cent in its annual credit policy meet held on April 29, 2008.

In April, RBI increased the CRR by 0.75 per cent in two separate announcements to control inflation and suck out Rs. 27,000 crore excess liquidity in the banking system. In spite of the above measures, Kamath said that the liquidity is still quite good in the market so the market will determine the interest rates.

Know more about home loans on www.apnapaisa.com/loan