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SBI home loan sales down by 14 percent

No Comments Sub Category:Uncategorized Posted On: Dec 27, 2011

The home loan sales have grown down drastically in India. India’s top home loan lender State Bank of India (SBI) has witnessed major drop down by 14 percent in home loan sales.

 

From a year ago, around Rs 1,000 crore has been paused from home sales in the first half of the year. However, in the previous year SBI had recorded home loan sales of Rs7, 000 crore.

 

SBI experts say that they have been planning to push the home loan sales up if not the upcoming financial year will also bear the same pathetic condition.

 

Source: Daily News Analysis

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