Understanding Base Rate: Calculation, Impact & Key Factors

The base rate is the minimum lending rate set by the RBI, influencing loan and deposit interest rates. It is affected by policy rates, inflation, liquidity, and economic conditions. Banks calculate it based on operating costs, cost of funds, and regulatory guidelines. Website URL: https://www.herohousingfinance.com/blog/introduction-to-property-buying/base-rate-and-its-calculation