RBI Asks Banks To Link Retail, SME Loans To An External Benchmark From Oct.1
A customer exits a ICICI Bank Ltd. branch in Mumbai, India (Photographer: Dhiraj Singh/Bloomberg)  

RBI Asks Banks To Link Retail, SME Loans To An External Benchmark From Oct.1

The Reserve Bank of India has asked banks to link all new floating rate retail loans and loans to micro-small enterprises to an external benchmark starting Oct. 1. Existing loans, which are eligibl...
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