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- Interest Rate wars
The Home Loan business is to witness cut throat competition in the coming months.
Reliance is gearing up to launch its home loan business loaded with a huge arsenal and use its already extensive network to push its product
Many other biggies from the Indian Corporate world are making an entry into this lucrative and ever expanding market.
At this juncture, interest rate war will intensify as new companies will try to get a foothold in the business and the consumer is sure to benefit
Margins may be sqeeuzed, but at higher volumes of business, it will more than make up for the lowered business income.