Date:07/12/2004 URL: http://www.thehindubusinessline.com/2004/12/07/stories/2004120701490600.htm

Back Dewan Housing hikes rates

MUMBAI: Dewan Housing Finance Corporation Ltd has informed the Bombay Stock Exchange that the company has increased the rates of interest on individual housing loans.

It has hiked the rates by 50 basis points to 75 basis points from the existing level, with effect from December 1, in view of the prevailing conditions in the financial market.