State Bank of India, the largest housing finance provider, has become the first bank to link the cost of its home loans to the Reserve Bank of India’s repo rate. The move comes even as the RBI has put on hold a proposal to get banks to link their lending rates to an external benchmark, like the repo.
from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2XzDuk0
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Friday 7 June 2019
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SBI offers home loans that will be in sync with RBI rate
SBI offers home loans that will be in sync with RBI rate
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