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Retail loans to be pegged to external benchmarks: Here's what it means for banks

Updated : December 06, 2018 01:57 PM IST

This ensures that all floating-rate personal or retail loans and small business loans will now be linked to an external benchmark, commencing from April 1.
The final guidelines regarding the same will be issued by the end of December 2018.
Retail loans to be pegged to external benchmarks: Here's what it means for banks
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