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Q: If a bank buys a treasury bond from the federal reserve what will be the effect on the intrest rate the bank charges its customers for a loan?
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It Means that SBI Belives in only banking practices and no other hidden charges of malpractices are praticed in SBI. The slogan is meant in the intrest of Bank Customers


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all treasury warrents ssued have a value on intrest after a time of good attempt to administer them,in the 1800 treasury warrents issued where valid only 6 months unless a theme delayed and excuses craeted a delay,many lossed intrest and finances on delay. a 5.00 1862 treasury warrent would not have much power after 6 months. unless reasigne3d by order after issue.


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What is the difference between simple and compound interest?

Simple intrest is one you are making on the principle. Compound Intrest is one your are making on principle plus intrest you have earned on it. So basically you are making Intrest on the Intrest you have earned on your principle. For Example: Compound Intrest, You have $5000.00 invested in a CD, First month you have earned $100.00 on that CD in intrest, in following month you will earn more because you are getting paid intrest on your $100.00 you have earned in intrest in first month and it goes on like that. in simple intrest you won't make intrest on intrest you have earned, you will only earn it on actuall $5000.00.


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