what is bank rate?
- 9 Answers
- 13371 Views
- State Bank Of India SBI, Syndicate Bank, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / sonali
Bank rate is the rate of interest charged by the central
bank (in india its RBI)on the loans given to other
commercial banks and financial institutes. It is also nkown
as the discount rate.
| Is This Answer Correct ? | 20 Yes | 1 No |
Answer / manmeet
Bank rate, also referred to as the discount rate, is the
rate of interest 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.
| Is This Answer Correct ? | 16 Yes | 3 No |
Answer / shalini.mann
BAnk rate is the rate at which central bank(RBI) provide
the funds to others bank.
RBI = Reserve BAnk Of India
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / tannu
bank rate is the rate in which reserve bank of india lends
money to scheduled commercial banks and oter financial
institutions.
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / ravi
it is the rate which the r.b.i prepared to buy/rediscount
bills
| Is This Answer Correct ? | 5 Yes | 2 No |
Answer / anil
bank rate is nothing but the rate which at RBI purchase or
rediscounts bills of exchange of commercial banks
anil gopal
anilgopal_2020@yahoo.com
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sn ojha
bank rate is the rate at which rbi is lending money to
schedule banks
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / jeet singh
Bank rate is referred to the rate of interest charged by
premier banks on the loans and advances.
| Is This Answer Correct ? | 1 Yes | 3 No |
What is the Mercantile accounting System?
expand A C T O
what is LIBOUR
Does the Commission have a policy on the holding of reserves?
what are golden rules of accounting.......?
What is the value of inventory as per Financial Accounts (AS2) and as per Cost accounts? Someone told me that as per cost accounts only works costs is considered in CARR while for FA, AS2 is followed with cost or NRV whichever is lowewr? Please explain the difference.
WCT ,TDS,Service tax ,costmor accounting
FORFEITURE OF SHARESVS SURRENDER OF SHARES
can you define exogenity endogenity both terms are from economics both are different from exogenous & endogenous variables. I can not find the answers. please help if you can....
Hi Iam Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Officer's post. Please help me I f u can. thanx in advance
Entry of Accrued and unearned income ?
Difference betwen debentures and bonds
30 Answers ICICI, KSK Academy,
Audit 
