New RBI norm for rate calculation credit positive: Moody's
To improve transparency and ensure speedier monetary policy transmission, RBI last week said that from next April, all banks will have to follow a new uniform methodology for calculation of base rate on the basis of the marginal cost of funds.
Dec 21, 2015, 18:53 PM IST
Base rate calculation guidelines for banks soon: RBI
The Reserve Bank on Tuesday said it will shortly announce methodology for determining the base rate taking into account the marginal cost of funds, a move aimed at ensuring that banks pass on policy rate cuts to borrowers.
Dec 01, 2015, 13:07 PM IST
Banks will have to follow new base rate calculation: Rajan
Reserve Bank Governor Raghuram Rajan on Tuesday said the RBI is looking into banks' concern over adopting the marginal cost-based base rate regime but made it clear the lenders will have to follow the new computation methodology.
Sep 29, 2015, 19:39 PM IST
Base rate calculation guidelines for banks by Nov-end: RBI
Reserve Bank on Tuesday said it will issue guidelines by November-end for banks to calculate the base rate on the basis of marginal cost of funds.
Sep 29, 2015, 17:19 PM IST
