RBI rates | MCLR: Good news for borrowers: RBI to link interest rates to external benchmarks replacing MCLR
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Good news for borrowers: RBI to interface loan fees to outer benchmarks supplanting MCLR

Good news for borrowers: RBI to interface loan fees to outer benchmarks supplanting MCLR : Borrowers can celebrate as the Reserve Bank of India (RBI) has recommended that banks will currently need to interface the financing costs charged by them on various classes of advances to the outer benchmarks rather than the directly utilized inside […]

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