Reserve Bank of India appoints Committee to Link Home Loan Rates to Repo Rate

Posted on:26 Aug 2017 13:08:15
Reserve Bank of India appoints Committee to Link Home Loan Rates to Repo Rate
26 August 2017 Current Affairs: Reserve Bank of India appointed committee on Household Finance suggested that banks link their home loan rates to the RBI's repo rate, the rate at which it lends to banks.

In the past three years, the central bank has reduced the policy rate by 200 basis points, but the weighted average lending rates have fallen by 145 basis points.

Monthly Current Affairs

Current Affairs Section

Daily Current Affairs Quiz

Subscribe to Current Affairs

Enter your email to get daily current affairs

Current Affairs December 2017

18 DECEMBER
NEWS
17 DECEMBER
NEWS
16 DECEMBER
NEWS
15 DECEMBER
NEWS

Current Affairs November 2017

30 NOVEMBER
NEWS
29 NOVEMBER
NEWS
28 NOVEMBER
NEWS
27 NOVEMBER
NEWS

Current Affairs October 2017

31 OCTOBER
NEWS
30 OCTOBER
NEWS
29 OCTOBER
NEWS
28 OCTOBER
NEWS