Answer Posted / rahul

The interest rate that commercial banks charge their best,
most credit-worthy customers. Generally a bank's best
customers consist of large corporations. The rate is
determined by the Federal Reserve's decision to raise or
lower prevailing interest rates for short-term borrowing.
Though some banks charge their best customers more and some
less than the official prime rate, the rate tends to become
standard across the banking industry when a major bank
moves its prime up or down. The rate is a key interest
rate, since loans to less-creditworthy customers are often
tied to the prime rate. For example, a Blue Chip company
may borrow at a prime rate of 5%, but a less-well-
established small business may borrow from the same bank at
prime plus 2, or 7%. Many consumer loans, such as home
equity, automobile, mortgage, and credit card loans, are
tied to the prime rate. Although the major bank prime rate
is the definitive "best rate" reference point, many banks,
particularly those in outlying regions, have a two-tier
system, whereby smaller companies of top credit standing
may borrow at

hi guys! can u plz tell me the cut offs marks for bank clerical recruitment(objectives)?

2065

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i finished my interview on 8th may....... they asked me these questions...... 1)tell me abt urself(I andwered for 2 mins) 2)difference between 2g and 3g(3g is faster than 2g)i forgot to answer that 3g has more bandwidth and it is circuit switched network 3)what is the uniqueness of 500 rupees note (that circle at corner for blind people , wen in light the colour of 500 changes) 4)what is the technology of atm(i dont know) 5)what are the different types of deposits(Recurring and fixed deposits) 6)what is recent hockey tournament going on(this also i dont know) 7)who is leading in recent world chess championship(anand wen i saw but later i dont know who was leading) 8)who is topper in recent IAS exams?(i didnt answer) 9)what u consider as ur life time achievement? the panel was very soft......so no tension...... ALL THE BEST for the rest........

1968

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Hi i would like to know what are reasons for medically unfit for sbi clerk. iam OH like Paraplegea so I finished my interview But now tension about medical test ple.. anybody clarify my query my id bthimothi@gmail.com

3334

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what do you mean by bank policies?

2061

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hi frns, my ques are 1) what is master budget? 2) what is capitalization?

1866

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WHY YOU CHOOSE WEST BENGAL FOR THIS JOB

2204

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hi..this is kartheek..how to prepare for sbi interview..?iam qute nervous person.iam not well in english..pls help me..

2215

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hi friends! i hv been selected for sbi clerical interview,i got my bio-data form attested in all the pages,is that ok or do they tell anything???plz let me knw,i hv got my interview on 6th may 2010

2293

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what do you mean by fiscal policy?

2074

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WHY BANKING SECTOR IS CALLED FINANCIAL SECTOR?

1815

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Hii !! Friends I wanna know that when is Union Bank Clerical exam held on 10-01-2010 is likely to be coming??? If any information then please do share...

1832

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Am MBA in Finance can anyboby give me suggestions abt the questions on my specialization which i can expect in SBI interview tssiri@gmail.com

1793

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reserve bank policy

1845

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hi, i m rashmi, i m selected for interview of sbi clerical2010, pliz tell me what type of questions are asked in interview... pliz mail me at mailtoras@yahoo.co.in.

2072

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Hi! i am selected 4 the interview after passing the written exam.I am pursuing a BCA degree course and have only one semester left.What should I do?Should i join the job?And please tell what will be the salary for intermediates?

1971

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