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BASE RATE

The move is likely to benefit a large number of old borrowers, said a senior SBI official. Photo: Mint
An RBI study group has found that while monetary policy transmission has been ‘slow’ and ‘incomplete’ under both base rate and MCLR systems, interest rate transmission on fresh loans was better than on outstanding loans. Photo:

How borrowers are exploited by banks

10 min read . 16 Oct 2017
iStockPhoto

Realty gloom over home loans

2 min read . 27 Dec 2016
Bank of India stock closed 3% up at Rs120 per share on BSE. Photo: Pradeep Gaur/Mint<br />
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