Computation of Base Rate based on Marginal Cost of Funds

CA Sumat Singhal , Last updated: 31 March 2016  
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The Reserve Bank vide its circular DBOD.No.Dir.BC88/13.03.0/2009-10 dated April 9, 2010 introduced the Base Rate system with effect from July 1, 2010, which replaced the Benchmark Prime Lending Rate (BPLR) system. The Base Rate includes all those elements of the lending rate that are common across a

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CA Sumat Singhal
(Credit Analyst/ Financial Services/ Accounts & Finance)
Category Professional Resource   Report

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