SBI to lower rates for home loans up to 30L

SBI accounts for almost a third of home loans given by banks and any rate cut by it would prompt others to follow suit. SBI’s proposed home loan rate cut comes at a time when the Interim Budget has initiated measures to boost housing. The removal of tax on notional rent on a second house is expected to boost home sales in the outskirts of cities.

from Times of India http://bit.ly/2RLYQa9