-- Economic Times --
About 2.92 lakh people were given home loans at teaser rates (8 per cent or the prevailing rates) ... totalling about Rs 10,000 crore. Under the teaser rate scheme, banks provide credit at lower rates for first few years and subsequently raise the interest rates.
Fore more detail refer to Economic Times nod
http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/292-lakh-borrowers-took-home-loans-at-teaser-rates-sbi/articleshow/7391841.cms
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