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    Base rate calculation: Why banks are hurting from RBI move

    The Reserve Bank of India's September proposal to ask banks to move to the marginal cost method to calculate their base rates has left some banks jittery. Bankers say the move, on which detailed guidelines from the central bank are expected soon, will impact institutions with greater exposure to fixed tenure loans and impact profitability.

    first published: Dec 9, 2015 10:26 am

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