RBI to hold more talks with banks on linking home, auto loans with external benchmark

RBI to hold more talks with banks on linking home, auto loans with external benchmark

12:09 AM
In December 2018, the RBI had proposed that floating interest rates on personal, home, auto and micro and small enterprises (MSEs) loans should be linked to external benchmarks like repo rate or treasury yields, from April 1, 2019.

from Zee News :Business http://bit.ly/2FU1Hd8
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