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.
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 2018 October

17 OCTOBER
NEWS
16 OCTOBER
NEWS
15 OCTOBER
NEWS
14 OCTOBER
NEWS

Current Affairs 2018 September

30 SEPTEMBER
NEWS
29 SEPTEMBER
NEWS
28 SEPTEMBER
NEWS
27 SEPTEMBER
NEWS

Current Affairs 2018 August

31 AUGUST
NEWS
30 AUGUST
NEWS
29 AUGUST
NEWS
28 AUGUST
NEWS