Applicable Average Base Rate to be 10.09% for credit by NBFC-MFIs for the quarter beginning April 01, 2015 - ಆರ್ಬಿಐ - Reserve Bank of India
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ಪ್ರಕಟಿಸಲಾದ ದಿನಾಂಕ ಮಾರ್ಚ್ 31, 2015
Applicable Average Base Rate to be 10.09% for credit by NBFC-MFIs for the quarter beginning April 01, 2015
The Reserve Bank of India has advised that the applicable rate for credit by NBFC-MFIs for the quarter beginning April 01, 2015 is 10.09 per cent. It may be recalled that the Reserve Bank had, in its circular dated February 7, 2014 issued to NBFC-MFIs, communicated that it will advise the average of the base rates of the five largest commercial banks on the last working day of every quarter, for the purpose of arriving at the interest rates to be charged by an NBFC-MFI to its borrowers in the ensuing quarter. Sangeeta Das Press Release : 2014-2015/2066 |
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