Home > Banking, Economic Growth > Base Rates of Banks in India

Base Rates of Banks in India

Finally the banks in India declared their base rate for the quarter ended September 2010. RBI mandates the banks to declare base rate every quarter from now on. However, banks can change the rates at any point in time.

While banks have not yet made public the rationale behind their base rate calculation, details of the info disclosed by them is well captured by Amol Agrawal (What is the base rate kept by various banks?)

Impact of base rates set by banks would only be clear in due course of time.

Advertisements
Categories: Banking, Economic Growth
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: