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	<title>Property News India and Featured Real Estate Stories &#187; reduction in interest rates</title>
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		<title>NHB to reduce interest rate for HFCs</title>
		<link>https://groups.commonfloor.com/news/nhb-to-reduce-interest-rate-for-hfcs-29655</link>
		<comments>https://groups.commonfloor.com/news/nhb-to-reduce-interest-rate-for-hfcs-29655#comments</comments>
		<pubDate>Tue, 25 Sep 2012 09:57:15 +0000</pubDate>
		<dc:creator>dipjyoti</dc:creator>
				<category><![CDATA[Delhi-NCR]]></category>
		<category><![CDATA[Real estate trends]]></category>
		<category><![CDATA[Residential Real Estate]]></category>
		<category><![CDATA[cash reserve ratio(CRR)]]></category>
		<category><![CDATA[Home Loan rates]]></category>
		<category><![CDATA[Housing finance]]></category>
		<category><![CDATA[housing finance companies (HFCs)]]></category>
		<category><![CDATA[interest rates on housing finance]]></category>
		<category><![CDATA[National Housing Bank]]></category>
		<category><![CDATA[prime lending rate]]></category>
		<category><![CDATA[RBI]]></category>
		<category><![CDATA[reduction in interest rates]]></category>
		<category><![CDATA[SBI]]></category>

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		<description><![CDATA[National Housing Bank has signaled a reduction in interest rates for housing finance companies (HFCs) by reducing its prime lending rate from 10.5 per cent to 10 per cent. The rate reduction is set to affect medium and smaller-sized players in the industry as NHB accounts for 25-30 per cent of the resources raised by HFCs. [...]]]></description>
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