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Standardised Base Rate To Replace Base Rate (BR) from August 2022

 The Standardised Base Rate will no affect the Effective Lending Rates (ELR) of existing retail loans, as it will continue to have Base Rate and Base Lending Rate (ELR) as a reference.

https://www.theedgemarkets.com/article/bnm-standardised-base-rate-be-used-reference-rate-retail-floatingrate-loans-august-2022

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