Mumbai, Oct 1 (PTI) State-run Indian Bank Friday said it has signed a memorandum of understanding with three non-banking financial companies (NBFCs) for co-lending to the priority sector.

The three NBFCs are Indiabulls Housing Finance, Indiabulls Commercial Credit, and IIFL Home Finance, the bank said in a release. ************** Bajaj Housing Finance reduces home loan rate to 6.70 pc

Also Read | UPSC CDS II Result 2020 Released, Candidates Can Check Their Results Online at upsc.gov.in.

* Bajaj Housing Finance (BHFL), a 100 per cent subsidiary of Bajaj Finance, has revised its home loan interest rate to 6.70 per cent per annum from 6.75 per cent per annum for salaried and professional applicants.

Applicants with good credit, income and employment profile can avail of this new interest rate, the company said in a release.

Also Read | Flipkart Big Billion Days Sale 2021 To Go Live at Midnight for Plus Members, Check Details Here.

Customers with an existing home loan can also avail of the new rate by opting for a home loan balance transfer, it said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)