Banks feel housing finance companies have more leeway in loan pricing http://bit.ly/2rR7f1D - Walletnews For Me

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Monday, December 24, 2018

Banks feel housing finance companies have more leeway in loan pricing http://bit.ly/2rR7f1D

The RBI has been proactive in pushing banks to lend at market rates by constantly revising the benchmark. This benchmark started with the prime lending rate (PLR), moved to the base rate and later to the marginal cost of lending rate (MCLR).
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