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For the borrowers whose housing loans were taken before 2016, there seems to be a relief as the RBI has reportedly directed banks to change the older home loan rates to current market-linked benchmark. This will ensure that the borrowers’ loan rates will be revised and they will be paying less interest amount.

BY AISHWARYA | FEB 8, 2018 1:34 PM #HOUSINGLOAN #BUSINESS NEWS

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