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Base interest rate(benchmark interest rate)

A minimal interest rate set and published by commercial banks for accumulating interest on different credit types.

News On Base interest rate(benchmark interest rate)
BSE to have 16% stressed cos if RBI hikes rates: Report

27-03-2014| Source:Moneycontrol.com

Ind-Ra attributes the continued deterioration to the higher interest rate transmission in the banking system from September 2013. Many private sector banks and some public sector banks have increased

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