SBI to adopt repo rate as external benchmark from today

Name: SBI to adopt repo rate as external benchmark from today
Uploaded: 2019-10-01T16:23:06+00:00
Duration: 1 min 39 s
Channel: Moneycontrol
Description: In a September 4 circular, RBI said, "it is mandatory for banks to link all new floating rate personal or retail loans and floating rate loans to MSMEs (micro, small and medium enterprises) to an external benchmark, effective October 1."<br /><br />

Moneycontrol

In a September 4 circular, RBI said, "it is mandatory for banks to link all new floating rate personal or retail loans and floating rate loans to MSMEs (micro, small and medium enterprises) to an external benchmark, effective October 1."

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