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minimun interest rate on loans & advance of company

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(Querist)
21 March 2009 if a private company wants to lend its fund(momey)as loans & advances to the outsiders then what is the minimum rate of interest?
whether any minimum rate is precribed by RBI?

tell me the Section number of the act..
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Jitender

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Jitender (Expert)
21 March 2009 there is no prescibed rate for this.
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CA BIREN SHAH

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CA BIREN SHAH (Querist)
26 March 2010 a
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
30 June 2023 "Sorry, I am not a featured member."

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