MUMBAI (CU)_Over the recent weeks, many mortgage lenders in India set out to slash their interest rates, along with several festive season offers for potential homebuyers. For instance, the biggest lender in the South Asian nation, the State Bank of India (SBI) announced a 6.7 per cent rate in mid-September irrespective of loan amount. This is in addition to a complete waiver in processing fees, as well as an interest concession based on the borrower’s credit score.
However, the lowest rate in the industry was offered by…