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Home, auto loans to get cheaper from October 1: All that you need to know about RBI asking banks to link lending rates to an external benchmark

Updated : September 05, 2019 07:55 AM IST

In the current regime of falling interest rates, the RBI move would bring cheer to borrowers.
Adoption of multiple benchmarks by the same bank will not be allowed.
Home, auto loans to get cheaper from October 1: All that you need to know about RBI asking banks to link lending rates to an external benchmark

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