AGENCY New Delhi: Home, auto and other loans are set to become cheaper as the government on Friday said the public sector banks will soon be lending at RBI’s benchmark-linked rate and get an additional Rs 70,000-crore upfront capital infusion that will boost their lending capacity in the market by Rs 5 lakh crore. Announcing measures to boost the economy, Finance Minister Nirmala Sitharaman said the banks would also pass on any change in the benchmark monetary policy rate announced by the RBI immediately.
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