„While our home loans are linked to repo rate

canada goose outlet According to a TransUnion CIBIL Credit Outlook (TUCIBIL) report (June 2020), the approval rates for home loans declined by 16 per cent between the second quarter of 2008 and the first quarter of 2009 due to the global financial crisis back then. „While our home loans are linked to repo rate, our cost of funds is not. Therefore, at some point in time, banks will increase their spread over the external benchmark.

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