Interest Determination and Service Interest rate of every calendar year is determined according to the applicable BPLR prevailing at the time and the spread. For example, if BPLR is 7% and the spread is 0.75% then for the same year it will float to 7.75% Every 6 months the rate changes so for a change in the BPLR the interest will change thus providing an opportunity of gain when t... https://finxl.in/financial-modelling-course-certification.html