The minimum interest rate of a bank below which it cannot lend to public
The BPLR (Benchmark prime lending rate)was introduced in the year – 2003 The BPLR was converted into base rate on – july 2010 RBI made mandatory for all banks to introduced w.e.f. – 1July 2010, The minimum base rate is fixed by – RBI
The BPLR (Benchmark prime lending rate)was introduced in the year – 2003 The BPLR was converted into base rate on – july 2010 RBI made mandatory for all banks to introduced w.e.f. – 1July 2010, The minimum base rate is fixed by – RBI
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