Linking Loans To External Benchmarks Credit Negative For Banks, Says Moody’s
The Reserve Bank of India’s regional headquarters in New Delhi. (Photographer: T. Narayan/Bloomberg)

Linking Loans To External Benchmarks Credit Negative For Banks, Says Moody’s

Reserve Bank of India’s mandate to link new floating loans to external benchmarks will limit banks’ flexibility in managing interest rate risk, according to global ratings agency Moody’s Investors ...
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