Fri, Dec 07, 2018
In its December 2018 policy, RBI firmly said Prime Lending Rate (PLR), Benchmark Prime Lending Rate (BPLR), Base rate and Marginal Cost of Funds based Lending Rate (MCLR) will be replaced by an external benchmark from April 2019.
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Wed, Jun 07, 2017
Any reduction in SLR gives more room to bankers for trimming interest rates. This would mean, if you are borrower your EMIs may come down further.
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