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BANKS PLAN NEW EMIS
But there's hope. Many banks have come up with alternative payment routes. If you are well below the retirement age, you could increase the tenure of the loan beyond the existing tenure.
Builders say such schemes have helped push their sales up by five to 20 per cent.
Industry sources say several banks have developed cold feet.
RBI has lowered risk weightage for loans upto Rs 30 lakh, from Rs 20 lakhs.
The FM urged public sector banks to cut interest rates for loans of less than Rs 20 lakhs.
Credit firms woo millions on website but they may not be revealing all to users.
Only 13 out of 63 families in Dorli village qualify for the govt's loan waiver.
Customers will soon be able to use ATMs free of cost for any kind of transactions.
For a second time in 10 days, SBI has slashed PLR by 0.25 per cent.
Most banks are reluctant, though, to admit that they have stopped such loans.
With home loan rates going up, many banks suggest alternative payment routes.
