Change in Bank Rate

The Bank Rate stands adjusted by 50 basis points as announced in four bimonthly monetary policy statement from 8.25 to 7.75 per cent. All penal rates on shortfall linked to bank rate needs to be revised.

To view the full notification, please follow the , link

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s