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  • Bank of Baroda to pass on RBI repo rate cut benefit on retail loans linked to external benchmark rate
  • October 17, 2019
  • Bank of Baroda, India’s third largest public sector bank, will pass on the benefits of the reduction in the repo rate of 25 basis points announced by the Reserve Bank of India in its bi-monthly monetary policy.

    Bank of Baroda, India’s third largest public sector bank, will pass on the benefits of the reduction in the repo rate of 25 basis points announced by the Reserve Bank of India in its bi-monthly monetary policy. These benefits will be applicable on home loans, mortgage loans, car loans, education loans, personal loans and all other retail loan products by linking all new retail loans automatically to external benchmark rate (repo).

    The retail loan offerings from Bank of Baroda under the repo ...
  • View more at: https://www.1888pressrelease.com/bank-of-baroda-to-pass-on-rbi-repo-rate-cut-benefit-on-retai-pr-664091.html