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3 Point Analysis | RBI’s External Benchmark for Loans

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3 Point Analysis | RBI’s External Benchmark for Loans

M
Moneycontrol

13 Views • Sep 06, 2019

Description

In a big push to make the transmission of monetary policy more effective, the (RBI) has made it mandatory for banks to link all new floating home and MSME loans to external interest rate benchmarks from October 1st, 2019. Sakshi Batra does a 3 point analysis to decode the implications.