Wednesday 5 December 2018

Interest on Home, Auto, MSE Loans to be Linked to New Benchmarks from April 1

Currently, banks follow system of internal benchmarks, including Prime Lending Rate (PLR), Benchmark Prime Lending Rate (BPLR), Base rate and Marginal Cost of Funds based Lending Rate (MCLR).

from Top Business News- News18.com https://ift.tt/2BSeXOM
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