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14y ago

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Related Questions

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.


How much money did Ghana borrow from the world bank?

25 billion


From where do people borrow money?

the bank


What is the process of paying a bank to let you borrow money called?

The process of paying a bank to let you borrow money is called "interest."


Who pays money at bank?

The person who borrow money.


When you borrow money from a bank where does that money come from?

When you borrow money from a bank they pull cash from the bank's reserves. This collection of cash is the net cash reserves within the bank or its network from depositors in the system.


Whom should you at the bank if you need to borrow money answer key?

whom should you see at the bank if you need to borrow money? worksheet answer key


How does increase in repo rate effects interest rates?

Repo rate is the rate at which banks borrow money from the central bank of that country. So if the central bank (say reserve bank of india) hikes its repo rate, it becomes costly for banks to borrow money from RBI so they in turn hike the loan interest rates at which customers borrow money from them to compensate for the hike in repo rate.


How old do you have to be to borrow money from the bank?

2


Commercial banks and their relationship with the reserve bank?

we take/borrow money from the commercial banks and the commercial banks take/borrow money from the reserve bank


What do you call a bank employee who helps customers borrow money?

A bank employee that helps customers borrow money would be called a loan officer.


Can you borrow money from the bank in Monopoly to pay for properties or other expenses"?

No, you cannot borrow money from the bank in Monopoly to pay for properties or other expenses.