Benchmark prime lending rate ?
The rate of interest decided by the board of directors of a bank, All borrowing interests are related to it thus they are like 1% above BPLR or .5% below BPLR etc.It is considered the interest rate at which banks charge their credit worthy customers.
The rate of interest decided by the board of directors of a bank, All borrowing interests are related to it thus they are like 1% above BPLR or .5% below BPLR etc.It is considered the interest rate at which banks charge their credit worthy customers.
