Don’t miss the latest developments in business and finance.

Central Bank of India introduces Repo Linked Interest Rate for home loans and vehicle loans

Image
Capital Market
Last Updated : Sep 03 2019 | 7:50 PM IST

With effect from 01 September 2019

Central Bank of India has introduced Repo Linked Interest Rate (RLIR) in the Bank on Home loan Product and Vehicle Loan Product with effect from 01 September 2019. Existing borrowers will be given an option to switch over to the new repo linked rate at a fee as decided by the Bank.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Sep 03 2019 | 4:38 PM IST

Next Story