The rate of discount set by a central bank
BANK RATE--- bank rate is rate which is used for lending or borrowing in call money market (One bank lends to or borrows from other banks for intra day) PLR-- Rate is benchmark rate for banks.
A Bank interest rate may refer to two things with respect to banking functions. a. Deposit Interest Rate - This is the rate the banks offer to their customers for depositing money with the bank b. Loan Interest Rate - This is the rate of interest banks charge the customers who wish to borrow money from them through loans. Both rates will differ from bank to bank
The bank uses a single rate to credit all of the bank branches. This rate is a weighted average cost of all funds for a banks.
Repo is like a repurchase agreement.The rate at which RBI sells securities to bank. But, bank rate is the rate by which RBI lends money to commercial banks. Annu Prakash
control the CLR rate
cash liquidity ratio which a bank has to maintain in RBI account all the time
A bank rate is the rate at which a central bank charges interest when it lends money to another bank.
Yes
A bank rate is the rate of interest that is charged or paid by a bank on a balance of debt or credit. A bank rate calculator allows an individual to enter an amount and a bank rate, and see the impact of that rate against the balance.
The rate of discount set by a central bank
BANK RATE--- bank rate is rate which is used for lending or borrowing in call money market (One bank lends to or borrows from other banks for intra day) PLR-- Rate is benchmark rate for banks.
The Repo rate is the rate at which the central bank lends loans to its member banks.
wat s bank present rate of interest? 6%
bank base rate is rate at which bank give loan .
A bank rate is a set charge that a bank charges for it's different offers the bank has set for the use of their services.
Bank Rate