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deepak mohanty
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What do BPLR mean?
Benchmark Prime Lending Rate
Who is the current chairman of Joint Intelligence Committee of India?
The prime minister is the chairman of national integration council in India.
Benchmark Prime Lending Rate meaning?
According to the Reserve Bank of India (RBI), banks are free to fix the Benchmark Prime Lending Rate (BPLR) with the approval of their respective Boards. Banks are free to decide the BPLR but their interest rates have to have a reference to the BPLR fixed. The BPLR is the interest rate that commercial banks charge their most credit-worthy customers.
What is BPLR and how it works?
BPLR refers to Benchmark Prime Lending Rate. This is the rate at which most banks grant loans to their most creditworthy trustworthy customers.
Who was the chairman of the national planning committee in India?
Chairman of the Planning Commission of India is Prime Minister. Hence at present the Chairman is Dr. Manmohan Singh. Mr. Montek Singh Ahluwalia is the Deputy Chairman of Planning Commission.
What is bechmark prime lending rate?
BPLR or Benchmark Prime Lending Rate is the rate at which banks and financial institutions lend money to their most trustworthy customers. This is the rate at which they lend loans to people who they know that have little or no chance of default. Usually the governments of each country is termed as a no default borrower by the banks that operate there.
Which websites carry details on prime lending rates?
You can find information on prime lending rates at www2.primelending.com.
What is the lowest interest rate in the country?
The "prime" rate, which is regulated by the Federal Reserve Commission, with its' well-known chairman, Alan Greenspan. Prime is the interest rate that is charged to banks and lending institutions. It is THE basic rate which determines all other rates.
Who is the chairman of the national integration council?
The prime minister is the chairman of national integration council in India.
What is RPLR?
Retail prime lending rate which usually the bank's lending rate for the loan
Who is the chairman of NDC?
prime minister
Who is the present Chairman of Economic Advisory Council to the Prime Minister of India?
There is no Chairman of India. There is a President, who is the head of the Indian Constitution. Currently Mrs. Pratibha Patil is the President of India
