{"id":5566,"date":"2008-11-02T00:44:04","date_gmt":"2008-11-02T00:44:04","guid":{"rendered":"http:\/\/151.106.38.4\/2008\/11\/02\/idbi-bank-cuts-home-education-loan-rates-by-0-5\/"},"modified":"2008-11-02T00:44:04","modified_gmt":"2008-11-02T00:44:04","slug":"idbi-bank-cuts-home-education-loan-rates-by-0-5","status":"publish","type":"post","link":"https:\/\/nagalandpost.net\/index.php\/2008\/11\/02\/idbi-bank-cuts-home-education-loan-rates-by-0-5\/","title":{"rendered":"IDBI Bank cuts home, education loan rates by 0.5%"},"content":{"rendered":"<p><img src=\/old_site\/>IDBI Bank on Saturday reduced its home and educational loan rates by 50 basis pts with immediate effect, shortly after the Reserve Bank announced cut in short-term lending rate and key deposit requirements by banks.<br \/>\nThe rate cut would be applicable to both existing and new customers, the bank said in a press statement here.<br \/>\nFollowing the revision, home loans would be now available at an interest rate of 11 % against 11.50 % earlier, the bank said.<br \/>\nSimultaneously, the margin on housing loans has been enhanced from 15 % to 20 % for loans of up to Rs 30 lakh and to 25 % for loans over Rs 30 lakh, the bank said.<br \/>\nCountry&#8217;s second largest public sector lender Punjab National Bank had recently cut its prime lending rate by 0.5 % effective from November 1, and deposit rates from December 1.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IDBI Bank on Saturday reduced its home and educational loan rates by 50 basis pts with immediate effect, shortly after the Reserve Bank announced cut in short-term lending rate and key deposit requirements by banks. The rate cut would be applicable to both existing and new customers, the bank said in a press statement here. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-5566","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/5566","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/comments?post=5566"}],"version-history":[{"count":0,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/posts\/5566\/revisions"}],"wp:attachment":[{"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/media?parent=5566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/categories?post=5566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nagalandpost.net\/index.php\/wp-json\/wp\/v2\/tags?post=5566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}