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minimum lending rate SUBST MERC FINAN

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Base rate is the minimum lending rate below which a bank can not give loan to any borrower.
www.thehindu.com
There has been a significant lowering of the minimum lending rate of commercial banks and public sector development financial institutions from 18% in 199091 to 10.5% in 200506.
en.wikipedia.org
The base rate or the minimum lending rate below which the bank can not lend is 10 per cent.
profit.ndtv.com
But, banks have cut their base rates or minimum lending rates by up to a maximum 60-70 bps.
www.firstpost.com
Base rate is the minimum lending rate below which banks can not lend.
profit.ndtv.com
Commercial banks have started implementing a new formula for calculating the minimum lending rate for borrowers.
www.ghanaweb.com
After the policy announcement, several big and small banks announced reduction in their base rates, or minimum lending rates.
www.firstpost.com
Besides, it raised base rate or the minimum lending rate by 50 basis points to 8.75 per cent.
www.thehindu.com
Earlier this week, the bank raised its base rate (or the minimum lending rate) by 50 basis points to 9 per cent in line with other lenders.
www.thehindu.com

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