Should you take home loan from public or private sector bank? Economic Survey has an answer

During the period between February 2019 and November 2020, public sector banks have passed on 0.94% as compared to 0.54% passed on by the private sector banks on outstanding loans. During the same period, in case of fresh loans, public sector banks reduced the rates by 1.51% and private sector banks reduced the interest rates by 1.76%.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3iW8Woh