Sunday, September 22, 2019

SBI to adopt repo rate as external benchmark for all floating rate loans from October 1

SBI to adopt repo rate as external benchmark for all floating rate loans from October 1 On September 4, the Reserve Bank of India (RBI) had mandated all banks to link all new floating rate personal or retail loans and floating rate loans to micro, small and medium enterprises (MSMEs) to an external benchmark from October 1 onwards.

from Moneycontrol Business News https://ift.tt/2M2s83q
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Bajaj Auto shares fall 2% as firm, subsidiary fall prey to ransomware attack

Bajaj Auto shares dipped 2% following a ransomware attack on its systems and subsidiary, Bajaj Auto Technology Ltd, on June 23, 2026. The co...