{"id":4108,"date":"2020-02-27T17:45:52","date_gmt":"2020-02-27T12:15:52","guid":{"rendered":"http:\/\/yourcareerheights.com\/?post_type=news&#038;p=4108"},"modified":"2020-02-27T17:45:52","modified_gmt":"2020-02-27T12:15:52","slug":"external-benchmark-based-lending-medium-enterprises","status":"publish","type":"news","link":"https:\/\/yourcareerheights.com\/?news=external-benchmark-based-lending-medium-enterprises","title":{"rendered":"External Benchmark Based Lending \u2013 Medium Enterprises"},"content":{"rendered":"<div id=\"pl-4108\"  class=\"panel-layout\" ><div id=\"pg-4108-0\"  class=\"panel-grid panel-no-style\" ><div id=\"pgc-4108-0-0\"  class=\"panel-grid-cell\" ><div id=\"panel-4108-0-0-0\" class=\"so-panel widget widget_sow-editor panel-first-child panel-last-child\" data-index=\"0\" ><div class=\"panel-widget-style panel-widget-style-for-4108-0-0-0\" ><div\n\t\t\t\n\t\t\tclass=\"so-widget-sow-editor so-widget-sow-editor-base\"\n\t\t\t\n\t\t>\n<div class=\"siteorigin-widget-tinymce textwidget\">\n\t<h3>RBI observed that subsequent to the introduction of an external benchmark system, the monetary policy transmission has improved in respect of the sectors where new floating rate loans have been linked to the external benchmarks.<\/h3>\n<p><strong>In order to further strengthening monetary policy transmission, RBI has decided that <em>all new floating rate loans to the Medium Enterprises extended by banks from April 01, 2020 shall be linked to the external benchmarks<\/em> as indicated in the aforesaid circular. All the other instructions as contained in the aforesaid circular remain unchanged.\u00a0<\/strong><\/p>\n<p><strong>Accordingly,\u00a0<a class=\"links\" href=\"https:\/\/www.rbi.org.in\/Scripts\/NotificationUser.aspx?Id=10295&amp;Mode=0\" target=\"_blank\" rel=\"noopener\">Master Direction - Reserve Bank of India (Interest Rate on Advances) Directions, 2016 dated March 03, 2016<\/a> has been modified.<\/strong><\/p>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>RBI decided that all new floating rate loans to the Medium Enterprises extended by banks from April 01, 2020 shall be linked to the external benchmarks.<\/p>\n","protected":false},"author":1,"featured_media":3464,"comment_status":"open","ping_status":"closed","template":"","tags":[828,829,620],"news-category":[827,331,50],"class_list":["post-4108","news","type-news","status-publish","has-post-thumbnail","hentry","tag-external-benchmarks","tag-floating-rate-loans","tag-msme","news-category-external-benchmark","news-category-interest-rates","news-category-rbi"],"jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news\/4108","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news"}],"about":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/types\/news"}],"author":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4108"}],"version-history":[{"count":0,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/news\/4108\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=\/wp\/v2\/media\/3464"}],"wp:attachment":[{"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4108"}],"wp:term":[{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4108"},{"taxonomy":"news-category","embeddable":true,"href":"https:\/\/yourcareerheights.com\/index.php?rest_route=%2Fwp%2Fv2%2Fnews-category&post=4108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}