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SBI offers home loans that will be in sync with RBI rate – MUMBAI: State Bank of India, the largest housing finance provider, has become the first bank to link the cost of its home loans to the Reserve Bank of India’s repo rate. The move comes even as the RBI.
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The move seems to be in line with the RBI s direction to the banks to link home loans to an external benchmark. The movement in the repo rate did not reflect in the movement of the lending rates and.
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