Interested to Buy Any Domain ? << Click Here >> for more details...
what is the difference between bank rate and repo rate?
- 10 Answers
- 15093 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 do you know about RBI? Tell some of its functions?
How is cheque is different from boe?
What do you mean by limited liability?
Tell about yourself and your family background?
What Is Atm Banking (automated Teller Machine)?
What Method is Adopted for Allotment of Shares by Company to Surplus / Over Shares Applications Submitted by Public?
ON BSE, some shares are listed as EQ and some as BE, what does it mean?
Which software is used in the banking sector?
What do we call an account in which trading of shares in their electronic form is done?
What do you mean by demand deposit?
What is 'nicnet'?
What are the main issues to be negotiated in an M&A deal?
Do you know what the different sources of government income are?
What are the two most basics financial statements prepared by the companies?
How many 'bullion markets' are there in india?
