What is PLR? What is SBI's present SBAR?
Answers were Sorted based on User's Feedback
Answer / ranjan kumar nayak
PLR is the Prime Lending Rate. It is defined as the rate of
interest on lendings decided by Reserve Bank of India above
which no Bank is allowed to charge to a Customer.
| Is This Answer Correct ? | 154 Yes | 68 No |
Answer / veerabhadra
PLR means Primary Lending Rate. while bank is lending to a
person at risk then they will give at high interest that is PLR
| Is This Answer Correct ? | 118 Yes | 70 No |
Answer / rahul
The interest rate that commercial banks charge their best,
most credit-worthy customers. Generally a bank's best
customers consist of large corporations. The rate is
determined by the Federal Reserve's 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, the rate tends to become
standard across the banking industry when a major bank
moves its prime up or down. The rate is a key interest
rate, since loans to less-creditworthy customers are often
tied to the prime rate. For example, a Blue Chip company
may borrow at a prime rate of 5%, but a less-well-
established small business may borrow from the same bank at
prime plus 2, or 7%. Many consumer loans, such as home
equity, automobile, mortgage, and credit card loans, are
tied to the prime rate. Although the major bank prime rate
is the definitive "best rate" reference point, many banks,
particularly those in outlying regions, have a two-tier
system, whereby smaller companies of top credit standing
may borrow at
| Is This Answer Correct ? | 55 Yes | 24 No |
Answer / anu
PLR or prime lending rate as the rate of interest at which
banks lend to their credit-worthy or favoured customers. It
is treated as a benchmark rate for most retail and term
loans.
The RBI does not set these rates, but in a broad way
stipulates the interest rates in the economy. The banks are
at liberty to lend at a rate above or below the RBI’s.
| Is This Answer Correct ? | 27 Yes | 14 No |
Answer / jagadish kumar ravva
PLR stands for Prime Lending Rate, it is the rate of interest at which the banks lent to favored customers like high profiled customers,and those with high credibility.
SABR stands for State bank Advanced Rate and it is currently 11.75%
| Is This Answer Correct ? | 27 Yes | 19 No |
Answer / vidyaprakash
PLR or prime lending rate is the interest rate which is
charge by all commercial bank from their customer
| Is This Answer Correct ? | 15 Yes | 26 No |
WHEN WILL THE SBI INTERVIEW RESULTS DECLARED?
77 Answers State Bank Of India SBI,
DAER ALL CAN U PROVIDE THE LAST FIVE YEAR QUESTION FOR CLERICAL POST IN BANK .IF POSSIBLE THAN SEND ME MY EMAIL ID .ID IS GIVEN BELOW raja_sahina@rediffmail.com plz provide ajaj ansari new delhi
0 Answers State Bank Of India SBI,
why u want join in sbi? plz give me the correct answer for this question asap
5 Answers HSBC, State Bank Of India SBI,
anyone attended the interview in bangalore at basavangudi? how was the verfication process?what questions they r asking?what certficates we have to take?
0 Answers State Bank Of India SBI,
who will conducting the LIC ADO EXAM? IBPS OR LIC OWN?
hiiiiiiii friends i have been selected for syndicate bank clerical interview soplz share ur previous interview experience
Hi, Iam in the wait listed candidates of Karnataka bank clerical exam interview results held on jan 3rd.Can anyone tell me what could the chances of getting selected or just forget about it and search for another job.
my interview for clerical post in sbi is on 26 may. please suggest some tips for prepration for interview.
39 Answers Dena Bank, State Bank Of India SBI,
explain you would be an asset for this organisation?
0 Answers State Bank Of India SBI,
Friends! In Andhra bank clerk exam the marks of English will be added to the total mks or like descriptive paper urgent reply
can anyone please explain whether getting promoted as po through departmental exams is better or directly getting po post through competitive exams while working as a clerk of a bank?
if interviewer asked me why should we hire you? what is the answer for this question plz reply me asap?
0 Answers State Bank Of India SBI,