Standard Chartered Increased The Floating Home Loan Rate to 11% In India

Discussion in 'Politics & Religion' started by it career, Feb 20, 2007.

  1. #1
    EDIT: Moderator I am not sure whether this the right section to post it, Please move it if you find it inappropriate.

    Has anyone got a home loan from standard chartered and facing the heat of rising interest rate every 3 months?

    The bank has also changed policy so that even when you prepay some amount you have to pay 2.5% extra plus service tax

    I think the RBI/finance ministry of india has no control on how foreign banks like standard chartered should operate in india, so foreign banks are changing policies to whatever they like

    How are planing to tackle these kind of standard cheating ?
     
    it career, Feb 20, 2007 IP