what is bank rate?
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Answer / amrita
Bank rate is the rate at which RBI lends to commercial
banks against rediscounting of bills.
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Answer / samriti sagar
bank rate is also called discount rate.when the rbi can
charge to ohter bank.it only rate which help in economy to
controlling the inflation or deflation.
Is This Answer Correct ? | 6 Yes | 12 No |
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