Interest rates in personal and housing loans are increasing day by day because of the present UPA2 Govt.'s and RBI's bad policies, we demand public should ask to get housing and financial loans in foreign currencies from anybody who is ready to give the loan less interest rates. This will definitely boost construction industry as well as people who wants a small house as their own without giving more and more money as interest to the Indian Bankers. There should be globalisation of loan distribution. Indian Bankers are at present increasing the interest rates even for the existing customers who once ready to take the loan on floating rates which is now becoming suicidal and bankers are increasing their rates to get maximum profits from their clients. We need GLOBALISATION for Housing Loans and Personal Loans and people will have to give choice to take loans from any international institutions or money lenders in small interest rates.
Re: PEOPLE SHOULD ALLOW TO GET LOANS IN FOREIGN CURRENCY!!!
by Amit Arora on May 27, 2011 10:16 AM
Home Loans rate outside India are 2% to 4%. Home Loans rate in India are 10% to 12%. Fixed Deposit Intrest rate outside India are 1% to 2%. Fixed Deposit Intrest rate in India are 8% to 10%. So no Developed or developing country will allow for taking loans from any international institutions or money lenders in small interest rates.
this is the only thing in india left which is able to work fine becoz u congis did not participate in this so far. plz for god sake leave it as it is. no govt. help is needed.
Niira Radia, Manhoos Tiwari, Pandimuthu Raja, TunniMozhi Baba Digvijay Singh Bhainsawati Tapil Tibbal BrhamarPimp Singh etc.........you are liberty to expand by adding few more names my fellow citizens...
See the kind of defeat we tamilans gave to you folks. So try to promote yourself here first then think of abroad. Ullorula eli pudika mudiyathavan , veliyuril puli pudika ponanam.. Meaning( How can you catch a tiger in abroad when you can't catch a rat In you own place.) by - Tamilan who alleast Ensured 1000 votes against congress.
Re: First think of protmoting it in India.
by whatswrongpeople on May 26, 2011 04:17 PM
Grrrreat work friend ! similarly get it done 2014 elections too.
