We have launched our mobile app, get it now. Or call : 9354229384, 9354252518, 9999830584.

News in Short

Filter By Date

Filter By Date

Bank of Maharashtra to link repo rate with retail loans

Date: 26 August 2019 Tags: Banking Schemes & Policies
  • Bank of Maharashtra (BoM) has said it will link its retail loans with the repo rate, which will make the loans cheaper.
  • At present, it will be for new customers only and in due course it will be extended to existing customers as well.
  • By linking repo rate to retail loans, the bank is passing interest rate benefits directly to the customers and it will make the retail loans cheaper.