Banking #rbi#banking
RBI draft rules bar loan spread tinkering, standardise rate setting across banks and NBFCs
Draft RBI rules seek to standardise interest-rate setting across banks, NBFCs and cooperatives, requiring lenders to hold loan spreads steady for at least three years and capping benchmark reset frequency at three months for major lenders. Internal benchmarks like MCLR will follow a stricter methodology, and smaller lenders get exemptions from key requirements.
Aug 12, 2026 1 source