On 1 October, all banks shifted to the Reserve Bank of India-mandated external benchmarks for pricing their new home loans. While banks have chosen to keep it a low-key affair, for retail borrowers, a shift to loans linked to an external benchmark holds more potential than any other benchmarking mechanism.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/2VDhTqK
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