Interested to Buy Any Domain ? << Click Here >> for more details...
what is the difference between bank rate and repo rate?
- 10 Answers
- 14940 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
How is SBI different from other banks?
Who are auditors? What are their roles?
What do you know about direct and indirect taxes in India?
How is cash flow statement different from a funds flow statement?
What are the after effects?
What are shares? What are nominal value/ free value of shares?
What are the different types of trading that exist?
On which day, the first world statistics day was celebrated?
What is Private Banking?
What is the risk coverage of PM Jeevan Jyoti Bima Yojana?
Tell us something important to you?
Describe the difference between being a manager, a leader and a follower?
Who controls all the banks in India?
What Is Money Laundering?
what is mean by Ratio analysis in the orgnations?
