Since interest rates are increasing rapidly, should I check if my loan uses the older MCLR benchmark, which has a delayed reset cycle, instead of the newer RLLR that automatically passes on rate cuts?
N
Nivaran
@Nivaran
Since interest rates are increasing rapidly, should I check if my loan uses the older MCLR benchmark, which has a delayed reset cycle, instead of the newer RLLR that automatically passes on rate cuts?