3 Indian banks make it to top 50 by assets in Asia-Pacific region in 2023
In the list, State Bank of India is at the 20th position, HDFC Bank at 33 and ICICI Bank at 48th spot.
Housing finance major Housing Development Finance Corporation Ltd (HDFC) on Tuesday announced reduction in its floating loan interest rates by 45 basis points for women and 40 basis points for others.
In a statement, the company said loans up to Rs.75 lakh for women would be charged an interest rate of 8.65 per cent for women and 8.70 per cent for others.
In case of loans over Rs.75 lakh, the interest rate will be 8.70 per cent for women and 8.75 per cent for others.
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The new interest rates are applicable from January 3, 2017.
"Over the past couple of months, we have seen a drop in our marginal cost of funds, and as always, the HDFC has ensured that benefit is passed on to its customers," Renu Sud Karnad, Managing Director, was quoted as saying in the statement.
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