HDFC Bank, ICICI, Kotak hike rates for car loans

abhishek · 06-03-2010, 09:04 AM

HDFC Bank, ICICI Bank and Kotak Mahindra have raised rates on auto loans, reflecting the stiffening market. How this move will impact inflation and auto market, any ideas..

sunita · 06-03-2010, 09:10 AM

That will surely impact the growth of auto industry as most of the buyers prefer to go for auto loans..

brajesh · 06-03-2010, 05:14 PM

These bloody private banks.. you can't expect anything in the public interest from them.. just they want profit and nothing else..

ajaypathak · 06-03-2010, 06:22 PM

i think SBI is best bank for any kind of loans.
These private banks has a lot of hidden charges and service is also not good as compare to SBI.

abhishek · 06-03-2010, 06:31 PM

Quote:

Originally Posted by ajaypathak

i think SBI is best bank for any kind of loans.
These private banks has a lot of hidden charges and service is also not good as compare to SBI.

I agree.. that is why SBI is the best.. most reliable and honest bank in India..

06-03-2010, 09:04 AM	#1
abhishek Senior Member Join Date: Dec 2009 Posts: 444 Rep Power: 18	HDFC Bank, ICICI, Kotak hike rates for car loans HDFC Bank, ICICI Bank and Kotak Mahindra have raised rates on auto loans, reflecting the stiffening market. How this move will impact inflation and auto market, any ideas.. __________________ Join this forum, it's completely free.

06-03-2010, 09:10 AM	#2
sunita Member Join Date: Dec 2009 Posts: 64 Rep Power: 15	That will surely impact the growth of auto industry as most of the buyers prefer to go for auto loans..

06-03-2010, 05:14 PM	#3
brajesh Member Join Date: Dec 2009 Posts: 62 Rep Power: 15	These bloody private banks.. you can't expect anything in the public interest from them.. just they want profit and nothing else..

06-03-2010, 06:22 PM	#4
ajaypathak Member Join Date: Jan 2010 Location: Indore, India Posts: 70 Rep Power: 15	i think SBI is best bank for any kind of loans. These private banks has a lot of hidden charges and service is also not good as compare to SBI.