RBI loan rules 2026: Banks may need borrower consent to change loan benchmark; know what happens to your EMI
Key Highlights
- RBI has proposed new rules requiring lenders to obtain borrower consent before migrating existing benchmark-linked loans to a new framework.
- The draft also says the migration cannot increase the prevailing interest…
- Desk angle: we track rates, inflation, and bank balance sheets against this headline. Always read the original for filings and quotes.
RBI has proposed new rules requiring lenders to obtain borrower consent before migrating existing benchmark-linked loans to a new framework. The draft also says the migration cannot increase.
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