Base Rate is the rate below which no Bank can allow their lending to anyone. Who will fix this ‗Base Rate‘ for Banks?

Related MCQs

• Base rate is the rate below which no bank can allow their lending to anyone. Who sets-up ‗Base rate‘ for banks?
• Vijaya Bank has been adjudged ‗Best Bank for SME Lending‘ in PSB category by Assocham at the 4th SMEs excellence Awards. The bank is headquartered at
• The Bank shall have to state their lending policies. These would include
• The object of introducing base rate by RBI is (A) Enhancing transparency in lending rates of (B) Enabling better assessment of transmission of monetary (C) Keeping interest rates low
• Which one of the following does not quality as priority sector lending by Commercial Banks?
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• Out of 27 Public Sector Banks (PSBs), Govt of India controls 22 banks through majority holding and which of the following state-run entities holds majority stake in the remaining 5 banks?
• In terms of Reserve Bank of India (RBI) guidelines, Banks in India must pay a minimum interest on the balances held in Saving bank account at ?
• Banks allow some important customers to withdraw without clear credit balance. Such facility is known as:
• Public Sector Banks are required to pay how much percentage of their net bank credit to Priority Sector in advance?