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Base rate calculation News

Base rate calculation

21 Dec 2015

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.

01 Dec 2015

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.

29 Sep 2015

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.

29 Sep 2015

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.

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