Asked in Entrepreneurship at 3:28 PM on April 25, 2010
Tags: fullform plr banking
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Prime Lending Rate
Answered by Akshat Yadav at 3:02 AM on November 19, 2010 via Mobile
well, Business process outsourcing is the BPO fullform and KPO is Knowledge Process Outsourcing.The main difference between the two is that the BPO are the companies which provide the business outsourced through it.5. BPO undertakesa. Data processingb. Basic data entryc. Setting up of a bank accountd. Department Outsourcinge. Provides technical supportf. Provides email support to its customers6. KPO
plr means primary lending rate...The interest rate that commercial banks charge their best, most credit-worthy customers. Generally a banks best customers consist of large corporations. The rate is determined by the Federal Reserves decision to raise or lower prevailing interest rates for short-term borrowing. Though some banks charge their best customers more and some less than the official prime rate
plr or prime lending rate is the rate at which reserve bank of india lends money to other banks....Prime lending rate of any bank is the bench mark or basic rate of interest a commercial bank will be higher for risky ventures. Bank Rate is the rate which RBI lends to commercial banks not at PLR....primary lending rates at this the rate of intrest at which RBI gives loans to its bank...Dear Imran, PLR
Hi,Base Rate system is for banks to set a level of minimum interest rates charged while giving out the loans. This Base Rate system has many advantages over the older method of Prime Lending ratePLR. One advantage is, in the PLR, one could sanction the loan for lower price for the preferred customer or the corporate bodies and retail customers may have to pay more for the same type of loans
saving rate-3.5 , Repo rate 5.25 ,Rev. repo rate 3.75 , CRR- 6 , bank rate --6, PLR -11-12 , Slr -25. These rate is activate in apr month . W e can find these rate in economics times . Rbi also
SLR means Special Liquidity Ratio, all banks have to maintain SLR of their deposits in Liquid form that in Current account with RBI or any other nationalised bank or select government securities whichcan be liquidated immediately CRR is Cash Reserve Ratio, that is the percentage of the deposits of any bank every must keep available in the form of Cash in Hand, that is notesBoth CRR and SLR
Bank rate means the rate which is applicable for the discountig of bills.Repo rate is the rate at which bank borrows money from RBI.There is nothing like PBLR but it is PLR which means prime landing rate.PLR is the rate at which bank lends the money. In international market PLR is known as LIBOR.RBI reduces the CRR along with REPO rate so that bank can borrow the money from RBI at less intrest
nationalised and others borrow from RBI...Bank rate is of two types, one is Prime lending rate, another is rate at which depositors will get returns on their deposits. Normally when we say bank rate, we mean PLR or prime lending rate.But again, PLR is not always the rate at which banks lend the money, as it will again depend on the clients creditworthyness, where client can command
well sameer , by plr we mean prime lending rate where banks apply it to borrowers for various types of loan and during one time settlement of non performing assets.....This is a banking terminology mostly used by RBI to issue guidelines to commercial banks.and on the other way its also called ..."peoples liberation army"so i hoped this info helped yu...source: www.yahoo.com
