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RBI group likely to moot two PLRs

Mumbai : India | 2 months ago  
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PLRs and may put a ceiling on banks' sub-PLR lending, a source said...The working group, headed by RBI Executive Director Deepak Mohanty and comprising external experts and IBA, is likely to submit the final report to RBI Governor, D Subbarao by the end of this month, a banking industry source told PTI....
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  • News Source: Daily News & Analysis | 2 months ago
    RBI executive director Deepak Mohanty, decided that the base lending rate will be calculated on the basis of one year term deposit rate, plus operational costs to raise current and savings accounts added to the operating cost, plus margin, bankers...
  • News Source: The Economic Times | 2 months ago
    PLRs and may put a ceiling on banks' sub-PLR lending, a source said...The working group, headed by RBI Executive Director Deepak Mohanty and comprising external experts and IBA, is likely to submit the final report to RBI Governor, D Subbarao by the...
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