It may be recalled that the Working Group on BPLR was constituted by the Reserve Bank of India on June 19, 2009 under the Chairmanship of Shri Deepak Mohanty, Executive Director to review the Benchmark Prime Lending Rate system.

The tenure of the Group has been further extended from end-September 2009 to October 16, 2009.

Ajit Prasad
 Manager

Press Release: 2009-2010/511