21 November 2022


News

RBI Issues New Guidelines for Banks to Fix Lending Rate - 18.12.2015

Reserve Bank of India (RBI) has issued new guidelines on how banks can calculate their lending rates in a bid to make them more closely based on market rates and allow quicker transmission of the monetary policy. The new norms will come into effect on April 1, 2016.

Tags : Reserve Bank of India lending rates

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