Corrigendum to news titled “Existing Customers of ICICI will also face the rate hike”
By Joseph Samson
Nov 3, 2008
Print    Email    RSS   

Readers of would like to be informed that the article published under the headline "Existing Customers of ICICI will also face the rate hike" on October 30th, 2008 is not based on correct information due to some misleading market analysis.

The article mentions that home loan rates have been revised upwards for the existing customers of ICICI but this is factually incorrect. The home loan rates have been revised only for the new borrowers effective from October 10, 2008.

This revision has not impacted the old customers of ICICI bank in any way.


(Comments Posted : 1) Post Your Comments
1. ICICI bank has also increased the interest rate for existing customer. They have increased the variance resulting into interest rate increased by 1%.
Mahesh (Posted: Nov 7, 2008)
Show All Comments
 Select a product:

 Select a product:

Carnival of Indian Personal Finance Blogs #1
Property: A good investment option to...
Save tax with ELSS
J&K Bank raises PLR
Choices available for home buyers

PINJORE: CaℒL Giℛℒs In PiNjOrE 09915787550...
PINJORE: CaℒL Giℛℒ In PiNjOrE 09915787550...
how to gate my home loan certificate

Canara Bank earned a profit of 60%. Feb 6, 2015
New Branch of Laxmi Vilas bank at Vijayawada Jan 30, 2015
Home loan EMIs expected to drop down Jan 21, 2015
Corporation Bank received MSME banking excellence award 2014 Jan 19, 2015
Home loan rates set to fall, after reduction in repo rate Jan 16, 2015
News Archive