Second Quarter Review of Monetary Policy 2009-2010
-Announced on the 27th October 2009
Part B. Developmental and Regulatory Policies
II. Interest Rate Policy
BPLR System: Review
109. The Annual Policy Statement of April 2009 proposed constituting a Working Group to review the present benchmark prime lending rate (BPLR) system and suggest changes to make credit pricing more transparent. Accordingly, a Working Group (Chairman: Shri Deepak Mohanty) was constituted in June 2009 and the Group submitted its Report on October 20, 2009. The Report of the Working Group was also placed on the Reserve Bank’s website on the same day for comments and suggestions. The Reserve Bank will consider the recommendations after taking into account the feedback received on the Report.
Second Quarter Review of Monetary Policy 2009-2010... click here
Highlights of 2nd Quarter Review of Monetary Policy 2009-2010... click here
RBI CREDIT AND MONETARY POLICIES (1999-2010)... click here
|