Auto and housing loans to be linked to repo rate from Aug 23: Rajkiran Rai G, UBI
  • WebDesk BTVI
  • Aug 19 2019

Rajkiran Rai G, MD & CEO of Union Bank, says the bank is developing branches as knowledge centres for farmers as the segment is facing a knowledge gap. He adds that UP, Bihar & Maharashtra have major lag in agricultural lending by banks. He says the bank is set to link housing loan and auto loans to repo rate on August 23, adding that the slowdown in these two sectors are temporary blips.