Car Loans: State Bank of India (SBI), the country s largest lender, is set to link the commission it pays to car dealers for sourcing loans to sales, aiming to reduce costs and improve profitability. The revised payout structure will be applicable for all sourcing from June 1. Under the existing structure, dealers would earn a flat 2% commission for loan disbursals ranging from INR 50 lakh to INR 15 crore.
car loans: SBI changes gears, links car dealer commissions to their performance
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