Financial Daily from THE HINDU group of publications
Friday, Nov 21, 2003
Financial Daily from THE HINDU group of publications Friday, Nov 21, 2003 |
|
|
|
|
|
Home Page
-
Banking Money & Banking - Interest Rates IBA group to study PLR issues Our Bureau
Mumbai , Nov. 20 THE Indian Banks' Association (IBA) on Thursday decided to form a group to study the draft guidelines and related issues of the benchmark prime lending rate (PLR). The Management Committee of the IBA met to discuss the issue of the PLR for commercial banks in New Delhi. Sources said, "No decision was taken on the benchmark PLR today. But a group of bankers are to study the issue further." The group, which is yet to be constituted, will be headed by Mr V. Leeladhar, CMD, Union Bank of India. The Reserve Bank of India (RBI) had suggested in the latest Credit Policy that the IBA look into the issue and charter a roadmap for banks to arrive at a benchmark PLR.
Article E-Mail :: Comment :: Syndication
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |
Copyright © 2003, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|