SBI's new home loan product is transparent, but volatile in nature

The repo rate is usually revised during RBI's credit policy announcements, which takes place every two months

Sanjay Kumar Singh |Business Standard | New Delhi
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SBI's new home loan product is transparent, but volatile in nature

4 min read Last Updated : Jun 12 2019 | 3:14 AM IST

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State Bank of India, India’s largest bank, announced last week it would offer a product linked to the repo rate from July 1. This is the first big step taken by a large bank tow­ards linking home

First Published: Jun 11 2019 | 9:03 PM IST

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