What is the future of GEMoney in India specific to homeloans? I have taken a home loan in GEMoney. At this juncture the interest rates of GEMoney are much higher than Nationalised banks. I'm also given to understand GEMoney has stopped home loans.
Also, there were some rumours early 2008 that GEMony is looking to sell its personal finance and home loan portfolio http://www.thehindubusinessline.com/2008/01/31/stories/2008013151561200.htm
Appreciate any answers inline to this which can help me in deciding if I should switch over to a nationalised bank.
Also, there were some rumours early 2008 that GEMony is looking to sell its personal finance and home loan portfolio http://www.thehindubusinessline.com/2008/01/31/stories/2008013151561200.htm
Appreciate any answers inline to this which can help me in deciding if I should switch over to a nationalised bank.