SBI, which commands 25 per cent market share each in house loans and car loans, has revealed Residential Builder Finance with Buyer Guarantee Programme (RBBG) to safeguard house purchasers economically by releasing guarantee for completion of jobs to customers availing SBI house loans. Boosted by the advancement, share rate of Sunteck Realty acquired as much as 6.23 per cent to touch an intraday high of Rs 450.15 versus previous close rate of Rs 423.75 on the BSE. In a comparable trend, shares of SBI were trading 3.17 per cent higher at Rs 330 apiece on the BSE compared to the previous closing price of Rs 319.85. Mumbai-based Sunteck Realty stated in an exchange filing that RBBG will focus on economical housing sector with home rate of up to Rs 2.50 crore in seven Indian geographies.
SBI, which commands 25 per cent market share each in home loans and automobile loans, has revealed Residential Builder Finance with Buyer Guarantee Programme (RBBG) to secure home purchasers economically by releasing guarantee for completion of projects to clients availing SBI house loans. In a similar trend, shares of SBI were trading 3.17 per cent higher at Rs 330 each on the BSE compared to the previous closing price of Rs 319.85. Mumbai-based Sunteck Realty said in an exchange filing that RBBG will focus on budget-friendly housing segment with house rate of up to Rs 2.50 crore in seven Indian geographies.
