BPLR

AcronymDefinition
BPLRBenchmark Prime Lending Rate
BPLRBipolar
BPLRBenoit Paysant Le-Roux (French model planes)
BPLRBoreal Polar Province (Oceanographic Region Belonging to the Atlantic Polar Biome)
BPLRBarking Park Light Railway (UK)
BPLRButterworths Pension Law Reports
References in periodicals archive ?
A top banker with a leading public sector bank said, the further hike in BPLR, especially for auto loans, is being triggered by the increasing demand, which is robust where the waiting period for cars is on the rise.
SBI's move will affect the floating rate personal (including home and auto) loans and corporate loans that are pegged to the BPLR.
Base rates are scheduled to replace the earlier mechanism, BPLR, with effect from July 1, 2010, in line with the Reserve Bank of India's ( RBI) directive to the effect.
Accordingly, the current requirement of capping interest charged on loans of up to INR200,000 at the BPLR has now been withdrawn, the central bank said.
It's common knowledge that the sub- BPLR rates enjoyed by priority lending sectors was a move propelled, at least in part, by political will.
What's proposed: Base rate to replace BPLR from April 1, 2010.
4,00,000 the rate of interest will not be more than 100 basis point over the BPLR.
Both the public sector banks have decided to increase their BPLR to 13.
When) interest rates were indexed to the BPLR, banks were reluctant to adjust their BPLRs in response to the policy rate changes.
The benefit of reduction in BPLR shall be applicable to all existing and new accounts linked with BPLR, wherever interest rates are charged at BPLR and above, it added.
The reduction in both base rates and BPLR are in response to the lowering of Cash Reserve Ratio by 25 basis points by Reserve Bank of India (RBI).
BPLR is the erstwhile benchmark rate for all loans and was replaced by a base rate in July 2010.