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What does ‘B’ in BPLR stands for?

Asked on by | Votes 0 | Views: 20 | Tags: banking financial awareness     | financial awareness     | Add Bounty

What does ‘B’ in BPLR stands for?
1). Base
2). Banking
3). Bullion
4). Benchmark


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1 answers

2 vote
Answered by on | Votes 2 |
BPLR stands for Benchmark Prime Lending Rate. It is the interest rate which a bank charges its most credit worthy customers.

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