State Bank Of India

State Bank of India  has  reportedly extended the offered date on special interest rates on home loan for women borrowers. The date has been extended beyond March 31, 2014. The interest rates were reduced by 15 to 35 basis points on December 20, 2013. The bank will continue to offer 10.15 per cent to women borrowers on home loans up to Rs 75 lakh and 10.30 per cent for loans above Rs 75 lakh.

The bank reported 34.20% fall in its net profit at Rs 2234.34 crore for third quarter ended December 31, 2013 as compared to Rs 3396.06 crore for the same quarter in the previous year. However, total income of the bank increased by 14.91% at Rs 39060.76 crore for quarter under review as compared to Rs 33992.11 crore for the quarter ended December 31, 2012.