What is the PLR how they effect the bank customers
This query is : Resolved
10 April 2009
Dear Sir,
What is the PLR and how work and what effect the PLR ratio on bank customers
Regards
Vishal
Kapurthala
What is the PLR and how work and what effect the PLR ratio on bank customers
Regards
Vishal
Kapurthala
CA. B.SRINIVASULU
(Expert)
10 April 2009
PLR is PRIME LENDING RATE fixed by RBI based on economic situation in the country.
Each Bank has their own discreation to charge +- from the Prime Lending Rate.
However the maximum and minimum + - will be fixed by RBI and the Bakers are allowed to choose their own policy based on PLR.
Each Bank has their own discreation to charge +- from the Prime Lending Rate.
However the maximum and minimum + - will be fixed by RBI and the Bakers are allowed to choose their own policy based on PLR.
CA Nitin Wadhwani
(Expert)
10 April 2009
Changes in PLR will decide the interest rate on advances if they are PLR-Based.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GST on reimbursement of expenses
- Query on effect of registration of property
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Wrong CMPo8 file
- Equity Share Sale and Purchase
- Additional trade name
- Whether output tax is taken credit by purchaser
- Visiting card purchase
- Goodwill transfer of deceased father’s firm – ICAI applying a 27.04.2026 cut-off to the 3 year limit
- Number of years as per AS amortisation of Goodwill
- Classification of income of P Ltd company as business or profession
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
