what is bank rate?

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what is bank rate?..

Answer / sonali

Bank rate is the rate of interest charged by the central
bank (in india its RBI)on the loans given to other
commercial banks and financial institutes. It is also nkown
as the discount rate.

Is This Answer Correct ?    20 Yes 1 No

what is bank rate?..

Answer / manmeet

Bank rate, also referred to as the discount rate, is the
rate of interest which a central bank charges on the loans
and advances that it extends to commercial banks and other
financial intermediaries. Changes in the bank rate are
often used by central banks to control the money supply.

Is This Answer Correct ?    16 Yes 3 No

what is bank rate?..

Answer / shalini.mann

BAnk rate is the rate at which central bank(RBI) provide
the funds to others bank.


RBI = Reserve BAnk Of India

Is This Answer Correct ?    7 Yes 1 No

what is bank rate?..

Answer / tannu

bank rate is the rate in which reserve bank of india lends
money to scheduled commercial banks and oter financial
institutions.

Is This Answer Correct ?    7 Yes 1 No

what is bank rate?..

Answer / ravi

it is the rate which the r.b.i prepared to buy/rediscount
bills

Is This Answer Correct ?    5 Yes 2 No

what is bank rate?..

Answer / sivan

Bank rate is the rate at which RBI is lending money to
scheduled commercial banks.

Please see ravisivan.blogspot.com

Questions relating to Bank interviews, Economic
terminologies are given therein.

Is This Answer Correct ?    1 Yes 0 No

what is bank rate?..

Answer / anil

bank rate is nothing but the rate which at RBI purchase or
rediscounts bills of exchange of commercial banks


anil gopal
anilgopal_2020@yahoo.com

Is This Answer Correct ?    0 Yes 0 No

what is bank rate?..

Answer / sn ojha

bank rate is the rate at which rbi is lending money to
schedule banks

Is This Answer Correct ?    0 Yes 0 No

what is bank rate?..

Answer / jeet singh

Bank rate is referred to the rate of interest charged by
premier banks on the loans and advances.

Is This Answer Correct ?    1 Yes 3 No

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