Banks Violating RBI Directives to Extract More Interest from Floating Rate Borrowers

CA Anil Garg , Last updated: 01 September 2011 Share Follow on Google News

.style2 { font-weight: bold; } .style4 { text-decoration: none; } It is a very common perception with borrowers of private banks like HDFC and ICICI that they are prompt in increasing their BPLR (Benchmark Prime Lending Rate) every-time RBI increases its Repo Rate but not so pr

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About the Author

CA Anil Garg

Business

CA, May81, 11th position in India, Post Graduate Diploma in Management Accounting, Nov84, 1st position in India, in business for last 18 years. Wrote a book with title FOR PEACE AND PROSPERITY IN INDIAdiscussing most issues relating to business, legal and administrative problems in India that, in the opinion of the ... Read more

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Banks Violating RBI Directives to Extract More Interest from Floating Rate Borrowers

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