{"id":71607,"date":"2019-10-02T11:16:39","date_gmt":"2019-10-02T11:16:39","guid":{"rendered":"http:\/\/blastingskyhawk.com\/?p=71607"},"modified":"2019-10-02T11:16:40","modified_gmt":"2019-10-02T11:16:40","slug":"sbi-to-adopt-repo-rate-as-external-benchmark-from-today","status":"publish","type":"post","link":"https:\/\/blastingskyhawk.com\/english\/sbi-to-adopt-repo-rate-as-external-benchmark-from-today\/","title":{"rendered":"SBI to adopt repo rate as external benchmark from today"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">State Bank of India is set to adopt the repo rate as its external benchmark for all floating rate loans today.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The bank said on September 23 that it would adopt a repo rate-linked mechanism for faster transmission of policy rates as per Reserve Bank of India&#8217;s mandate.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In a September 4 circular, RBI said, it is mandatory for banks to link all new floating rate personal or retail loans and floating rate loans to MSMEs to an external benchmark effective today.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State Bank of India is set to adopt the repo rate as its external benchmark for all floating rate loans today. The bank [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":71608,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[410],"tags":[],"class_list":["post-71607","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/71607","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/comments?post=71607"}],"version-history":[{"count":1,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/71607\/revisions"}],"predecessor-version":[{"id":71609,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/posts\/71607\/revisions\/71609"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media\/71608"}],"wp:attachment":[{"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/media?parent=71607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/categories?post=71607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blastingskyhawk.com\/english\/wp-json\/wp\/v2\/tags?post=71607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}