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 |
