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prime rate
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prime rate

The interest rate charged by commercial banks to their best customers. It is the lowest interest or base rate on which other rates are calculated according to the risk involved. Only borrowers who have the highest credit rating qualify for the prime rate.
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The reduction in key rates by the Reserve Bank is not adequately reflected in the reduction of Benchmark Prime Lending Rates (BPLR) of banks," he added.
Banks should provide credit to industry: Pranab Mukherjee by Asian News International
Two factor need to be borne in mind: first, what is the Prime Lending Rate at the moment; and second, what are the chances of the percentage rate plus Prime Lending Rate going above the fixed rate?
Fixed Rate Vs. Variable Rate Credit Cards by Joseph Kenny / Finance and Investment community
said Monday it will raise its long-term prime lending rate 0.
Mizuho Corporate Bank to lift long-term prime 0.1 point to 2.55% by Japan Weekly Monitor
 
 
 
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