The Reserve Bank of India has today extended the tenure of the Working Group on Benchmark Prime Lending Rate (BPLR) by one more month, from end-August 2009 to end-September 2009. The Reserve Bank had constituted the Group on June 19, 2009 under the Chairmanship of Shri Deepak Mohanty, Executive Director to review the BPLR system.

Ajit Prasad
Manager

Press Release : 2009-2010/326