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What is the difference between bank rate and repo rate?
The reverse repo rate is the rate at which banks park their short-term excess liquidity with the Central Bank, while the repo rate is the rate at which the Central Bank pumps in short-term liquidity into the system.
What is meaning to Repo rate?
the no of times a husband sleeps with his wife is called repo rate
How does reserve bank of Fiji influence the policy indicator rate?
by coducting open market operation.
Which country of Southwest Asia and North Africa has the highest total fertility rate?
the country with the highest total fertility rate is Nigeria, Africa.
What is a bad bank?
A bad bank is a bank created to specialize in the ownership of defaulted loans and their collection.
What is a bank rate calculator used for?
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.
Define bank rate?
The rate of discount set by a central bank
Difference between bank rate and PLR?
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.
What is bank rate?
wat s bank present rate of interest? 6%
Can you define base rate and portion in business terms?
bank base rate is rate at which bank give loan .
What is the definition of a bank rate?
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.
The rate at which the private banks lend to reserve bank of India is known as?
Bank Rate
What do you mean by bank rate?
Bank rate, also referred to as the discount rate, or it is the rate of interests which a central bank charges on the loans and advances that it extends to commercial banks and other financial intermediaries. Changes in the bank rate are often used by central banks to control the money supply.
What is a bank interest rate?
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
How does transfer pool rate works in a 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.
Why has the Repo rate taken precedence over the bank rate as a short term interest rate?
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
What is current bank rate by rbi?
Answer :-It is the rate at with Reserve bank of India allows commercial bank to borrow money from the Reserve bank of India as per their eligibility for refinance.
