TaxTMI 
TaxTMI 
Transparency in Lending Loans Under Floating Rate Scheme
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....ransparency in Lending Loans Under Floating Rate Scheme <br>News and Press Release<br>Dated:- 1-8-2014<br><BR>Reserve Bank of India (RBI) guidelines provide that Banks should lend only at or above the....
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....ir Base Rate and exhibit information thereof at their branches and on websites. RBI has given freedom to banks to offer all categories of loans on fixed or floating rates, subject to conformity to the....
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....ir Asset-Liability Management (ALM) Guidelines. The methodology of computing the floating rates should be objective, transparent and mutually acceptable to counter parties. The Base Rate could also se....
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....rve as the reference benchmark rate for floating rate loan products, apart from external market benchmark rates. This information was given by the Minister of State for Finance, Smt. Nirmala Sitharam....
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....an in written reply to a question in Lok Sabha today.<BR> News - Press release - PIB....