From THE HINDU group of publications
Sunday, June 10, 2001
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From THE HINDU group of publications Sunday, June 10, 2001 |
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Consumer loans from GIC Housing
Consumer loans at housing loan rates seem to be the promising new entrant to the loans sector. GIC Housing Finance plans to introduce a package that will club a housing finance loan and a consumer loan.
The consumer loan will carry the interest rate of the housing loan. It would be up to 10 per cent of the loan without any additional collateral. The scheme will be launched in the next two months. - BL Research Bureau
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