1 Reviews
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 tobefitalex rated 14 months ago- The benchmark of home loans is not an independent gauge. It's neither the Reserve Bank of India (RBI) nor the National Housing Bank (NHB), which set the benchmark for prime lending rate for home loans. It's the banks which compute their internal prime lending rates. For example, HFCs benchmark the home loan rate on retail prime lending rate (RPLR), while ICICI Bank uses floating reference rate as the base and the State Bank of India (SBI) uses State Bank Advance Rate (SBAR).
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