what is the difference between bank rate and repo rate?
- 10 Answers
- 12344 Views
- I also Faced
- E-Mail Answers
Answer Posted / aswini nayak
Bank Rate is the rate charged by banks to other banks.
Normally when any banks faces liquid problem it approches
other banks for short term loan. So in that case the rate
is called bank rate. Repo rate is the rate charged by RBI
when it lends to commercial banks.
| Is This Answer Correct ? | 2 Yes | 11 No |
Post New Answer View All Answers
What are the different types of trading that exist?
Tell the basic difference between banking and finance?
How many types of promissory notes are there?
What Are Various Services Provided By A Commercial Bank?
When was rbi nationalized?
What is the difference between acquisitions and mergers?
Define IPC.
im mba (finance+retail) iv sem student.. im realy confused that how to find right job which helps to make my bright carrere.. i don't have any type of guidance that is a big problem with me.....i can't go with marketing area im preparing for banking sector also with my self study. should i join any coaching? pls give me suggest me a right way...
What do you mean by return on assets?
what is the Casualty Actuarial Society?
Tell us something about adb? Who are its members?
What is m-commerce?
How do you assess the results of a logistic regression analysis?
What is wma and what does it signifies?
Tell about Plastic Currency?
