Fixed Rate Loan Products : Reserve Bank Set Up a Committee

Anand Sinha

India's central bank RBI (Reserve Bank of India) will soon set up a committee to look into the issue of facilitating development of fixed rate loan products in the banking system.

Mr. Anand Sinha, Deputy Governor,  RBI  said. “We (RBI) will set up a Panel soon to facilitate the development of fixed rate loan products in the market, which are at present absent in the system,”


In its last credit policy review in April, the RBI had announced to set up a committee to look into the  fixed rate loan products, particularly in housing loan sector.

Shri Anand Sinha Deputy Governor,  Reserve Bank of India Central Office Building , 19th Floor, Shahid Bhagat Singh Road Mumbai-400 001. phone 022 - 22611089

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