Only Thai Farmers Bank, the country's third-largest, has cut its prime rate, or minimum lending rate, to 12 . 0 percent.
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BBL's minimum lending rate stands at 15 . 50, while the penalty rate for delayed payment is 19 . 75 per cent.
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Bangkok Bank said that effective Tuesday it had lowered its prime rate, or minimum lending rate, to 15.00 percent from 15.50 percent.
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Industrial Development Bank of India, the country's largest financial institution, raised its minimum lending rate to 16 percent, from 15.5 percent Monday.
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The drop followed the Bank of England's announcement that it was cutting its minimum lending rate from 6 percent to 5.75 percent.
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The bank last raised rates on Oct . 30, boosting the minimum lending rate by 1 / 4 percentage point to 6 percent.
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The Bank of England raised its minimum lending rate five times last year, to 7 . 25 percent from 6 . 00 percent.
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The Bank of England said it would raise its key minimum lending rate to 6 . 75 percent, from 6 . 25 percent.
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The increases took the minimum lending rate-- the lowest rate the central bank charges commercial banks for loans-- to 7 . 25 percent.
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Minimum lending rates are now as much as 2 . 5 percent lower than last year at 14 percent for India's top-rated companies.
How to say minimum lending rate in Hindi and what is the meaning of minimum lending rate in Hindi? minimum lending rate Hindi meaning, translation, pronunciation, synonyms and example sentences are provided by Hindlish.com.
