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Indian Bank to link retail, MSE loans to RBI’s repo rate

26 Sep 2019 Evaluate

Indian Bank has decided to link all new floating rate loans to personal or retail segment and new floating rate loans to Micro & Small enterprises (MSE), to Reserve Bank of India policy Repo Rate with effect from October 01, 2019.

Indian Bank was established as a part of the Swadeshi movement. The Bank provides a wide spectrum of banking products and services.

Peers
Company Name CMP
State Bank Of India 984.50
PNB 116.80
Bank Of Baroda 232.40
Canara Bank 123.90
Union Bank Of India 177.45
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