IDBI Bank cuts home loan rates, deposit rates
By Ira Dugal | Published On: November 01, 2012 14:48 (IST) | Duration: 4 min, 56 sec
IDBI Bank has cut its floating home loan rates in order to drive growth in the home loan segment. RK Bansal, executive director of IDBI Bank explains that strong competition in the home loan segment is one factor behind the rate cut. IDBI bank has also reduced deposit rates in certain segments.