Credit Treasury Bills - Linked Loan
Features
External Benchmark | 3 Month Treasury Bill rate/yield published by
|
Target Clients | Term Loan/ Working Capital Demand Loan/ Export Credit Loan product for corporates with following External rating:
|
Total Interest | Govt of India 3 Month Treasury Bill yield + Spread as decided by the Sanctioning Authority |
Interest rate reset | Quarterly |
Tenor | Maximum 5 years |