An Analytical Study on Pre & Post Covid -19 Changes of Inflation and Interest Rate affects on Home Loan

Srishti Baswani; Sudip Banerjee

Srishti Baswani Student, School of Management, Shri Vaishnav Vidyapeeth Vishwavidyalaya, Indore, India.
Sudip Banerjee Assistant Professor, School of Management, Shri Vaishnav Vidyapeeth Vishwavidyalaya, Indore, India.

Abstract

The coronavirus pandemic, which has changed the lives of millions of people worldwide, has been a triggering aspect for every individual in the world. The world economy is affected by the pandemic, which resulted in a recession in the market as the income of the individual got affected, and with low income in hand, there is less home loan buying in the industry. Through government-provided data on the inflation rate and amount of home loans disbursed with SBI home loan interest rates, the study analyses how changes in inflation and interest rates pre- and post-COVID-19 pandemic affected home loans from FY 2017-18 to FY 2022-23.

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