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Tag: treasury bills

Starting April 2019, All Floating Rate Loans Will Be Linked to External Benchmarks

Deepesh Raghaw

December 20, 2018

A common grouse among many loan borrowers is that banks are very keen to hike the interest rates when the rates are moving up in the economy. However, banks are not very prompt to pass on the benefit when the rates are going down. Do you fall in the same category of borrowers? If you do not… Continue Reading

Citibank Launches Home Loans Linked to 3-Month Treasury Rates

Deepesh Raghaw

March 23, 2018

Home loans are offered at a spread over the benchmark. Typically, the benchmark is related to cost of funding for the bank. For instance, MCLR (Marginal Cost of Funds based lending rate) and Base Rate are based on cost of funding for the bank. The quantum of spread depends on multiple factors including quantum of loan, nature… Continue Reading

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