RBI today announced that fm 1st Oct 2019, all floating rate loans to individuals shud be linked to an external benchmark
— Nagpal Manoj (@NagpalManoj) September 4, 2019
Media tells u this will lead to reduction in interest rates for home loans, car loans etc.
In this thread I will try to decode what this actually means
(1/n)
via Twitter https://twitter.com/NagpalManoj
September 05, 2019 at 12:09AM
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