Bank of Baroda Cuts home loan interest rates by 40 bps to 8%

India, May 6 -- Bank of Baroda announced a reduction in its home loan interest rates, lowering them by 40 basis points to 8% in select cases.

The revised rates apply to new home loan applications, according to an official statement.

This move comes amid growing concerns from some major lenders over a possible decline in interest rates.

Published by HT Digital Content Services with permission from Dion Global Solutions Limited....