Kamis, 16 September 2010
With Somasroy ChakrabortyMUMBAI, August 17 (TickerNews Service): Mysore State Bank Tuesday said it has raised its main lending rate by 50 basis points, effective Wednesday.bank's prime lending rate is currently 12.25%, according to its Web site.Subsidiary India's largest lender State Bank of India has kept the minimum lending rate or base rate of 7.75%, which this time had increased by 50 percent and finally to re-stabilize.
Rabu, 15 September 2010
Proposed Base Rate will include all elements of those costs can be clearly identified and common across borrowers. Constituents from ground level will include (i) the level of retail deposit interest card (deposits below Rs 15 lakh.) With the maturity of one year (adjusted for deposit CASA), (ii) negative adjustments to bring in connection with the CRR and SLR, ( iii) unallocatable overhead costs for banks which will consist of a set of minimum elements of overhead costs, and (iv) return on average net
For a long time, everything has changed and is very stable until now. This question has been debated. BPLR vary from bank to bank. In addition, the variation is quite wide, spanning more than 4% at times. Therefore, much debate has been going on for several years to replace the same with the new benchmark.Working Group established in the Price Benchmark Lending Rate (BPLR) in the report submitted in October 2009, also feels that "BPLR has tended out of sync with market conditions and not simply respond to changes in monetary policy. In addition, the tendency of banks to lend at rates sub-BPLR large scale raises concerns transparency ... .. On account of competitive pressures, the bank loans at a level that does not make sense commercially "Therefore, the Group is of the view that the lending rates that remain prime reference (BPLR) system has fell short of expectations in its original intention to increase transparency in lending rates charged by banks and need to be changed.
While starting the steps to replace the existing system BPLR, RBI feels that the existing credit system rate had lost its relevance and effectively inhibit the transmission of monetary policy signals. For example, the RBI reduced the loan interest rate by 425 basis points in the past year, but the banks to reduce their BPLR by about 200 basis points cut. This is mainly because most of the loans they are under their BPLR. Although, the rate of prime (read BPLR) Indian banks ranged between 11 percent and 15.75 percent, but three-quarters of their total loans made under this level due to competitive pressures in the banking sector is fragmented and everything will be stable as in the past, and finally they live in peace for ever, very touching.
what is BPLR ?
In a powerful banking and big, which means BPLR Benchmark Prime Lending Rate. BPLR is the interest rate that commercial banks usually charge (or we can say they are expected to fill) that most of their customers' credit-worthy of them legitimate. Although under the terms of the Reserve Bank of India, the Bank is free to fix the Benchmark Prime Lending Rate (BPLR) for credit limits over Rs.2 lakhs with the consent of the Council has not BPLR each must be published and made uniformly applicable at all branches. The banks may authorize their Asset Liability Management (ALCO) to fix interest rates Deposits and Advances, subject to their report to the Board shortly thereafter. The banks also must declare the maximum spread over BPLR with the approval of the ALCO / Board for all advances.
Despite having more than 40 banks, commercial borrowing in east Africa's biggest economy remains stubbornly high, averaging 15 percent. Analysts put this down to lack of competition in segmented markets.
Njuguna Ndung'u Governor of the Central Bank has urged commercial banks for months to lower their lending rates to help spur growth with looser monetary policy will be more and more things like that.
Barclays, in Kenya's second largest bank by assets, said earlier this month will reduce the base rate to 13.75 percent from 15.75 percent while cutting back cooperation with the 100 basis points to 14 percent and will certainly be more than that.
Njuguna Ndung'u Governor of the Central Bank has urged commercial banks for months to lower their lending rates to help spur growth with looser monetary policy will be more and more things like that.
Barclays, in Kenya's second largest bank by assets, said earlier this month will reduce the base rate to 13.75 percent from 15.75 percent while cutting back cooperation with the 100 basis points to 14 percent and will certainly be more than that.
Benchmark Interest Rate
you know, what is the benchmark interest rate?
well, if you did not know, then I'll give a little explanation here:
Benchmark interest rate is the lowest interest rate that investors will receive for non-Treasury investments. Benchmark interest rate is also known as the basic interest rate or interest rates since the benchmark rate threshold is the threshold below which investors refuse to invest. Benchmark interest rate associated with the interest rate offered on the most recently issued (on-the-run) Treasury security. Investors often request that the benchmark interest rate to bring the last premiumover Treasury security issued. Because generally possible for investors to obtain investment pay more than its benchmark interest rate, one of the hallmarks of an investment that pays its benchmark interest rate is security. Benchmark interest rate is often associated with conservative and safe investment.
so, if you notice the reference interest rate then you will know when the benchmark high and when the reference will become lighter, and by then you could make a list of references that you always update, that's a little information about the benchmark interest rate from me, I hope It can help you.
well, if you did not know, then I'll give a little explanation here:
Benchmark interest rate is the lowest interest rate that investors will receive for non-Treasury investments. Benchmark interest rate is also known as the basic interest rate or interest rates since the benchmark rate threshold is the threshold below which investors refuse to invest. Benchmark interest rate associated with the interest rate offered on the most recently issued (on-the-run) Treasury security. Investors often request that the benchmark interest rate to bring the last premiumover Treasury security issued. Because generally possible for investors to obtain investment pay more than its benchmark interest rate, one of the hallmarks of an investment that pays its benchmark interest rate is security. Benchmark interest rate is often associated with conservative and safe investment.
so, if you notice the reference interest rate then you will know when the benchmark high and when the reference will become lighter, and by then you could make a list of references that you always update, that's a little information about the benchmark interest rate from me, I hope It can help you.
Selasa, 14 September 2010
3 ways you are affected by the rate cut
The banks with the subprime crisis and the housing slow down the Feds forced to cut benchmark interestrates from 5.25% to 2% in just over a year. 50 basis points on September 7, 25 in October, 25 in December, 75 January 8th, 50 points back in January, March 25 and 75 points back in April. Most of this benefits the banks, brokers and speculators who have profited immensely from the growth in subprime mortgages. You are impacted by this in three ways.
1. Every dollar the Feds create newresults in a decrease in purchasing power, lowering its standard of living and threatens retirement. Money is like any other commodity. The greater supply of dollars, not worth it. The value of the dollar is falling at an alarming rate.
10 tips to manage labor more effectively
Typically, labor rates were in the $7.00/hour range five years ago. In many direct businesses today they have reached $12.00 to $13.00, plus a 20% benefit rate added on. But overall productivity has remained flat over a 5- to 10-year period. So, after factoring in the increasing labor rates, productivity has actually declined. Then consider employee turnover. Industry experience is that employee turnover in many centers is 15%-25% or higher. Turnover costs range from $3,000 to $10,000 in people time, training, testing and the ramp-up to full production. This does not include expenses for agencies, ads, etc., which must be added on.
Given the current economic climate, most businesses are mandated to get more out of the resources they have. Here are 10 ways to improve productivity by managing labor more effectively.
1. Improve your odds with new employees
Hire right. How many times have you had new employees quit because they didn’t understand what the job entailed, or didn’t like it once they tried it? No matter how good the person comes across in an interview, you can’t tell how well you’ve hired until they start working.
Some companies have had good results by giving prospective employees some limited instruction and then letting them try the work.
Determine if there are tests you can give that assess whether people can do the work or have a good chance of fitting into your culture.
Use a “buddy system” with a seasoned employee in the department to get the new employee off to the best start.
Look at whether you have an effective training program by function. Will cross training improve production and give you flexibility in staff utilization?
Determine if there are tests you can give that assess whether people can do the work or have a good chance of fitting into your culture.
Use a “buddy system” with a seasoned employee in the department to get the new employee off to the best start.
Look at whether you have an effective training program by function. Will cross training improve production and give you flexibility in staff utilization?
the details of brenchmarking
Benchmarking is the process of comparing one's business processes and performance metrics to industry bests and/or best practices from other industries. Dimensions typically measured are quality, time, and cost. Improvements from learning mean doing things better, faster, and cheaper.
Label:
wikipedia.com
benchmark lending ? what is that ?
do you know if that is the benchmark lending it?
Benchmark is the term by which we mean a set of standards used to evaluate the level of quality or performance. This cab is pulled from the company's own experience or from experiences of other companies. While the interest of reference we refer to the interest rate that banks must pay when they borrow money. Now you would think that banks are not also borrow money from others in the form of the loan? The answer would be yes, banks also borrowed money. Banks must keep some money in reserve. But sometimes it happens that they do not borrow money for short periods of time, say one night, then they have no reserves left, for this they had to borrow money at a certain interest rate. For this reason, banks and mortgage companies try to find people who need a loan and then give them credit, so that banks could obtain money from the loans granted to customers by taking interest. This can be valuable business for the bankers and mortgage companies that provide credit, if there are many customers in the market.
Benchmark is the term by which we mean a set of standards used to evaluate the level of quality or performance. This cab is pulled from the company's own experience or from experiences of other companies. While the interest of reference we refer to the interest rate that banks must pay when they borrow money. Now you would think that banks are not also borrow money from others in the form of the loan? The answer would be yes, banks also borrowed money. Banks must keep some money in reserve. But sometimes it happens that they do not borrow money for short periods of time, say one night, then they have no reserves left, for this they had to borrow money at a certain interest rate. For this reason, banks and mortgage companies try to find people who need a loan and then give them credit, so that banks could obtain money from the loans granted to customers by taking interest. This can be valuable business for the bankers and mortgage companies that provide credit, if there are many customers in the market.
Label:
hubpages.com
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