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Tag: rlrr

Why Did SBI Introduce New Benchmark EBR in Place of RLLR?

Deepesh Raghaw

October 15, 2019

SBI had introduced home loans linked to RBI Repo rates as the benchmark in July 2019. This was before the RBI mandated all fresh floating rate loans to retail borrowers from October 1, 2019 to be linked to an external benchmark. SBI had used Repo rate linked lending rate (RLLR) as the benchmark. RLLR was… Continue Reading

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