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RBI for uniform methodology for calculating base lending rate

Last Updated: Tuesday, September 1, 2015, 23:36

To ensure effective transmission of its policy rate decisions by banks, RBI Tuesday proposed a uniform methodology for calculation of their base lending rates on the basis of marginal cost of funds.

Yes Bank cuts base lending rate by 25 bps to 10.5%

Last Updated: Thursday, June 18, 2015, 11:52

Base rate has been cut from 10.75 per cent to 10.50 per cent, Yes Bank said in a regulatory filing to the stock exchanges.