Focus on retail, home loans: Union Bank
Published On: December 03, 2012 13:20 (IST) | Duration: 9 min, 11 sec
Union Bank of India has cut home loan and education loan rates. The management of Union Bank explains that the rate cuts will allow the bank to focus on growing the home loan and education loan segment. While NPAs in the education loan segment have been high, the bank is confident of keeping defaults in check and continuing to lend to that segment.