ICICI BANK HOME LOANS
Floating rate not being reduced for existing customers

ICICI has always been on the forefront when it comes to increasing the home loan rates for exsiting customers when ever there is an increase in the PLR but never it decreases the same for existing customers when the RBI announces reduction in PLR. i dont understand if ICICI has no obligation towards RBI and if RBI cant hold ICICI accountable for this action. We definitely need to do something about this before its too late. It looks like a cheating bank. RBI has recently announced a reduced PLR but ICICI has announced a rate cut for new customers only. i Dont understand the reason here. I strongly believe that either the government or RBI should take strict action against this bank

Company: ICICI BANK HOME LOANS
Country: India

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