External Benchmark-Linked Loans Rise
Source : Indian Express
Economy
What is discussed under External Benchmark-Linked Loans Rise ?
- Basic Terms
- What is the News about ?
Why in News ?
According to an RBI report on Monetary transmission in India legacy of internal benchmark linked loans (BPLR, base rate and MCLR) together comprised 71.5 per cent of outstanding floating rate rupee loans as at end March 2021, impeding the transmission.
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