Wednesday, July 14, 2010

BFR & BLR Increase Again From 6.05% to 6.30% Effect From 13 July 2010

Source:http://www.horlic.com/bfr-blr-increase-again-from-6-05-to-6-30-effect-from-13-july-2010/

Base financing rate (BFR) and base lending rate (BLR) increase again!!! With effect from 13 July 2010, both BFR and BLR will be raised to 6.30% per annum from 6.05% per annum.

First Increment (March 2010) = 5.55% to 5.80%
Second Increment (May 2010) = 5.80% to 6.05%
Third Increment (July 2010) = 6.05% to 6.30%

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