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Loans set to get cheaper as RBI cuts policy rates after 9 months

Last Updated: Tuesday, January 29, 2013, 08:40

Home, auto and corporate loans will become cheaper after Reserve Bank on Tuesday reduced the key interest rate by 0.25 percent and decided to inject Rs 18,000 crore liquidity into the system to perk up sagging growth.

Will meet Rs 17K crore home loan refinance target by June: NHB

Last Updated: Saturday, December 8, 2012, 16:51

National Housing Bank (NHB) on Saturday said it expects to provide Rs 9,000 crore refinance assistance to institutions providing home loan in the next six months to meet its annual target of Rs 17,000 crore by June next year.