The lender also said it has waived the processing fee till March for borrowers availing home loans for the bank's approved projects
The bank is looking at achieving a home loan AUM of Rs 7 lakh crore by FY 2024
The move comes days after the Delhi government reduced circle rates on properties by 20%
Aditi Nayar, Principal Economist, ICRA, in an interview with Money9, said she feels the rate cycle has ended.