Loans rate will be up for motor also
Home loans are already going to up. Now, motor bike or car loans also will be up. It is announced by HDFC and ICICI bank today. It is not easy now to buy a car also because lending money interest loans is going to high.
Loans rate increment cause are inflation says Ravi Narayanan which is head of car and commercial vehicle loans ICICI Bank, “Rates will go up in future and continue to be high at least in the near term.” What is this if inflations will go up then loans rate will be higher?
Today, Hindustan times writes, “ICICI Bank, the country’s largest auto financier, and HDFC, the No 1 in housing finance, raised their benchmark lending rates by 0.75 percentage point each. Others are expected to soon follow suit.”
It is not good for consumer. Really it is a bad news because all the product are going dearer along with loans rate increasing day by day.
Loans rate increment cause are inflation says Ravi Narayanan which is head of car and commercial vehicle loans ICICI Bank, “Rates will go up in future and continue to be high at least in the near term.” What is this if inflations will go up then loans rate will be higher?
Today, Hindustan times writes, “ICICI Bank, the country’s largest auto financier, and HDFC, the No 1 in housing finance, raised their benchmark lending rates by 0.75 percentage point each. Others are expected to soon follow suit.”
It is not good for consumer. Really it is a bad news because all the product are going dearer along with loans rate increasing day by day.
0 comments:
Post a Comment