MUMBAI:
IDBI Bank vide its press release dated August 30, 2019 had announced that it would introduce Repo Rate linked Home and Auto Loan with effect from September 10, 2019.
However, in view of RBI directive issued on September 4, 2019, to link all new floating rate retail loans(Personal segments) to external benchmark with effect from October 1, 2019, the introduction of Repo linked Home Loan and Auto Loan has been deferred.
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