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

I am a btech in computer science and engg. I have cleared written of SBI CLERICAL EXAM NOV 2009 Please tell me what kind of questions will be asked??

1935

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pls answer the below mentioned questions as soon as possible ... this is for clerical interview SBI * what are the business undertaken by a bank ? *present share value of SBI?? *max and min share values of SBI??? *what is liquidity ?? *what is excise duty?? *challenges which banks have to face in future ???

1870

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pass rule of 6th P.c

2309

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why do you want to work for sbi?

1841

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Can anybody give the ans for this questions it will be helpful for the interview, what are the challanges for banks in future as how to compete with public banks? how to fight with inflation? how to maintain the eco. growth in respect of SEBI & RBI regulations?.

1876

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hiiii....i m selected 4 interview in SBI CLERICAL.i m completed my graduation with commerce.plzz reply me that which type of questions they asked related to commerce....

2140

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what is difference between bank's products and services?

1977

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do anyone know about the pay scale for clerical post in Federal bank..

1821

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I have given syndicate bank clerical exam and Intriview my question is when it going to be release the final results

2029

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please send me last ten years entrance exam question papers of sbi clerical?

2152

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

2070

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1)what iz d role of sbi in development of rural indian and rural farmers? 2)nationalization of bank when and why? 3)why you r changing frm computer science to banking? 4)explain you would be an asset for this organisation? 5)what is ur philosophy towards work?

1875

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does any one here selected in sbi clerical interview to be held in chandigarh for punjab state. Any one who hav already appeared in an interview in chandigarh? what are the questions they ask in interview for a commerce grad.also i need some qustns on marketing? please provide me these quesions. Thx in advance

1943

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Hi Garima, I just wanted to ask, how to prepare for get selected in clerical exam, however i have apeared in many exams but never succeeded, how much % required to qualify the exam , or come in merit.

1962

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IS There anyone from MP Region who finally got selected in SBI Clerical 2009-10? If yes then pls do tell that whether you have got any intimation about Medical and Other Pre-Posting formalities....pls pls share this important info here coz for other states these all processes have been started??

2448

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