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PSBs start giving loans based on customers’ risk profile
Bank of Baroda, Union Bank, Syndicate Bank roll out differential rates based on Cibil scores
Canara, Corporation Bank, others introduce repo linked loan products
With banks launching this product, rates for home, car and personal loan...
SBI withdraws repo rate linked home loan scheme
The bank removed details of the repo-rate linked loan scheme from its website about a week ag...
After banks, RBI plans to structure loan rates of NBFCs, HFCs
The issue was discussed when the RBI was looking at external benchmarks for banks, Sources said.
Indian Overseas Bank decides to link retail and MSME loans to repo rate
All the new loans under the retail segment and micro and small enterprises categories will be offered with Repo Linked Lending Rate (RLLR) only.
Indian Overseas Bank to offer repo-linked loans from October 1
The Reserve Bank through a notification in early September had advised banks to link all new floating rate for personal or retail loans and MSMEs to one of the external benchmarks.
What banks may now charge you for a loan
Larger banks with significant share of current account and savings account deposits may be in a better position to mitigate the cost effect.
RBI Task force recommends the dos for developing secondary market for corporate loans
The task force recommends setting up of an online loan sales platform to conduct auctions/sale process of secondary market loans.
RIL to raise $1.85b in overseas loans
Nearly three dozen banks, predominantly Asian lenders, are syndicating the credit.
RBI keeps repo rate unchanged: What does this mean for your loans and fixed deposits?
The Reserve Bank of India, in its monetary policy review today, kept the repo rate unchanged at 5.15%
Asset quality, growth and wider footprint fire up CreditAccess
The stock has gained 11 per cent in one month and 28 per cent in three months to January 28.
Benchmarking will not have major impact on banks’ NIMs: Praveen Kumar Gupta, SBI
Limited to floating rates, only a small portion of banks’ books will get affected, says Gupta.
PNB, Allahabad Bank launch loan products linked to repo rate
Punjab National Bank launched PNB Advantage, a retail lending scheme linked with the repo rate effective Tuesday.
Allahabad Bank to offer repo linked retail, small business loans from October
The decision has come in line with the Reserve Bank of India guidelines of September 4, 2019, Allahabad Bank said in a regulatory filing.
PSU banks likely to cut home, car loan rates on govt push
State-run banks may link retail loans to an external benchmark, like repo rate