What is bank rate
- 4 Answers
- 7293 Views
- State Bank Of India SBI, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / shinoj.k.s.
Investopedia Says: A central bank adjusts the supply of
currency within national borders by adjusting the bank
rate. When the central bank reduces the bank rate, it
increases the attractiveness for commercial banks to
borrow, thus increasing the money supply. When the central
bank increases the bank rate, it decreases the
attractiveness for commercial banks to borrow, consequently
decreasing the money supply.
Bank Rate
6.00% (w.e.f. 29/04/2003)
Some of the other rate
Saving bank rate:- 3.5%
Deposit Rate - 6.00% - 7.50%
| Is This Answer Correct ? | 17 Yes | 5 No |
Answer / hariprasad
BANK RATE IS THE RATE AT WHICH CENTRAL BANK LENDS FUNDS TO
COMMERCIAL BANKS AND OTHER FINANCIAL INSTITUTIONS. THE
VARIATION IN BANK RATE HAS AN INVERSE EFFECT ON DEMAND FOR
BORROWINGS BY THE COMMERCIAL BANKS FROM THE APEX BANK.
| Is This Answer Correct ? | 12 Yes | 0 No |
Answer / pragya maithil
the standard rate at which rbi is prepared 2 buy or
reaccoun bills or other commercial papers eligible 4
purchase under rbi act 1934 in section 49.
believ me this is the perfect definition of bank rate
| Is This Answer Correct ? | 0 Yes | 0 No |
what are the risks of unsafe sex
Hi friends, I think SBI interviews are over by today.So let us share our experiences. When are the results to be expected.
why do u want to join sbi
0 Answers State Bank Of India SBI,
WHY BANKING SECTOR IS CALLED FINANCIAL SECTOR?
0 Answers State Bank Of India SBI,
hi this is Pritam, after few days i shall give a Clerical exam of Oriental bank of Commerce. So i need a min last 10 years Clerical question of Oriental bank of Commerce that's why do u have any idea that where i can get it in website?? if u have so please send the link to my e-mail urgently, my e-mail id is - pritam_mdg2009@yahoo.com
0 Answers Oriental Bank Of Commerce,
congrats 2 all selected in indian bank. i am also selected but did not get any mail. did any of u get any mail.
when will oriental bank final results will get announced?is 60% in written test for general category is enough to clear the interview?if anybody knows ,please reply.
I've cleared sbi clerical written exam held on nov 2009.But in my 12th std I've scored 59.6% only..But as per the eligibility there should be 60% in 12th std and 40% in graduation..In my graduation I hav 80% and in my post graduation I hav 70%...but I've 59.6% only in 12th so somebody pls tell me whether they will allow me to attend the interview or not..?.. tell me whether I'm eligible for selection in sbi clerical exam... And pls tell me whether they will neglect my 12th std mark and consider my grad and post grad marks or not..??.. Had any one faced any such problem... pls reply..
The state bank of patiala website is not opening.The screen shows "The page cannot be displayed".Can anybody help me. Pls its very urgent.
anyone know how interview date is being scheduled ,whether it is based on merit list of written or on based on registration id that is according to date of written paper , so plz frnds tell about ur date of interview along with registration id, so that we cnfrm this.......
When will Punjab National Bank Clerical Exam Result will come? The exam was held on 04-04-2010.. If any information then please do share.
0 Answers Punjab National Bank,
Can any body give me some stuff on FINANCIAL AWARENESS and MARKETING ABILITY for federal bank clerical recruitment exam? I dont know how will be the questions on this
POs 
