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Banks gave loans at even lower than BPLR to blue chip companies while charged higher rate of interest from common people. This is why RBI has decided to scrape the BPLR system and introduced a Base Rate that will be applicable from July 1, 2011. Base rate will bring transparency in the loan segment as banks cannot give loans at rates lower than Base Rate.
What else can I help you with?
Defrence between BPLR and Interest rate?
The Benchmark Prime Lending Rate (BPLR) is a base rate that is generally offered only to the best customers and is used for setting the interest rate for student loans (amongst other loans). The interest rate is typically equal to the BPLR plus some additional amount that helps balance the risk of the customer with the return enjoyed by the bank. For example, the BPLR may be 2.5%, however, the interest rate may be 3.25% on a loan because there is a perceived higher risk with the quality of the loan.
What and the difference between base and soap?
There is no clear difference between base and soap because soap is a base.
What is the difference between data base and data base management system?
data base means a collection of data,which may be inter related. data base management system is a collection of programs for managing the data base.
What is the difference between base unit and a derived united?
A base unitis a defined unit in a system of measurement that is based on an object or event in the physical world.A derived unit is a unit that is defined by a combination of base units.
What is the Difference between base and area of base?
base is for 2d shapes and area of base is for 3d shapes
what difference between perpendicular/base and 1/2 * base *height?
2
What is the difference between a base path and a base line?
A base path is the path determined by the runner as he is travelling between bases, and the base line is the the direct lines between the two bases.
What is the difference in wheel base between a 2000 4-door blazer and a 2000 2-door blazer?
there is no difference in wheel base
What the difference between a triangle prism and a cone?
A cone has a circle for a base and a triangular prism has a triangle for a base
What is the difference between a triangle and a cone?
A triangle is 2D, and has a square base. A cone is 3D, and has a circular base.
What are the difference between Grapevine and rumour?
grapevine is base on assumption because there is lack of information whilst rumour is base on un verifiedffac1t as a result of lack of formal communication
What is the difference between Hindu-Arabic and Babylonian number systems?
Hindu-Arabic is our current number system while Babylonian numbers are an ancient number system which uses base 60 and uses only two symbols.
