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  Once Bitten, SBI Says Enough With Teaser Loans

  Sep 07, 2011, 09:52 PM IST

  Mumbai, Sep 7: The nation's largest lender State Bank of India, which had introduced the concept of teaser loans in the country, today made it clear that it will not be joining its rivals in

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  RBI Has No Intension To Stop Teaser Loans: Gokarn

  Sep 07, 2011, 09:48 PM IST

  Mumbai, Sep 7: Reserve Bank Deputy Governor Subir Gokarn today said the central bank has no plan to ban teaser loans but warned that any such product will attract 2 percent additional provisioning.“There is no