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Tag: repo-rate. retail-loans

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  • IDBI to activate repo-linked retail loans from Oct 1

    IDBI to activate repo-linked retail loans from Oct 1

    On September 4, RBI mandated banks to link fresh retail loans to an external benchmark like repo-rate. The move is aimed at including fresh retail and MSME loans from October 1 where home and auto loans will get cheaper.

    September 9, 2019