what is bank rate?
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Answer / amrita
Bank rate is the rate at which RBI lends to commercial
banks against rediscounting of bills.
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Answer / samriti sagar
bank rate is also called discount rate.when the rbi can
charge to ohter bank.it only rate which help in economy to
controlling the inflation or deflation.
| Is This Answer Correct ? | 6 Yes | 12 No |
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