Wednesday, December 5, 2018

Retail loans to be linked to external benchmarks, not MCLR, starting April 2019

Retail loans to be linked to external benchmarks, not MCLR, starting April 2019 The decision comes after multiple observations by the RBI that banks have been slow in passing on cuts in policy rates to those borrowing from them

from Moneycontrol Business News https://ift.tt/2St7tqT

No comments:

Post a Comment

LTIMindtree Q4 Preview: Lower pass-through revenue seen impacting growth marginally

A compilation of estimates suggests the company#39;s Q4 FY24 net profit is projected to decline by 2.2 percent quarter on quarter to Rs 1,1...