Cheap loans for auto and consumer goods purchase
Posted on: 04/Oct/2013 5:41:40 PM
With the festive season to come ahead, the public sector is now expected to provide cheap loans for the consumer goods and auto purchase. This is expected to stimulate demand in the market. Banks may reduce the lending rates and the government has decided to provide more funds to the PSU banks, in order to enable them to finance auto and consumer goods purchase. This announcement has now encouraged people to invest in purchasing the essential household appliance and auto vehicles that they had been striving for all these days. This festival season will be gifted with cheap loans for them.
