Due to the rise in the inflation rate every most of us is making one or the other points to maintain a gap from the loans. As a result loan profiles of the Indian as well as the overseas banks are in big dilemma to increase the client numbers. Looking to tense atmosphere recently finance minister P Chidambaram has requested all the public sector banks to put a hold on the increasing rate of interest to their customers. According to the sources of www.propertykhazana.com this relaxation is requested to the home loan cases of not exceeding Rs 30 lakhs.
Apart from the reserve bank measures in curving the rates of the interest finance minister has asked the banks to provide more support to the consumer. He also appreciated the participation of the various national and private banks to increase the graph of the auto and personal loan consumers and has thanked them in keeping these rates affordable. Sources of www.propertykhazana.com also reveals that many banks like Punjab national bank has maintained the same rate to their existing customers who were in touch before the high rise. But now the higher authorities are making a second thought to this issue to maintain a healthy prospect among the consumers in the market. On a short note he also express about the fastening of the credit growth in the coming financial year after taking feed back from the banks.
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