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%

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.

Answer / prakash

the bank rate is a rate rbi gives to the loan to the
commercial bank for long term purpose.
now bank rate-6%

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

I want one previous question paper for sbi bank clerk exam sub: computer knowledg

4 Answers   Genpact, State Bank Of India SBI,

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Hi Friends, Has anybody got Offer letter from SBI Chennai Circle? Ofcourse they have given the date upto 20 th December or oterwise to check with the tel no given. If any one has got, what is the content of the letter and is the branch is mentioned in that?

11 Answers   State Bank Of India SBI,

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Difference between SLR & CRR

2 Answers   RBI, State Bank of Hyderabad SBH, State Bank Of India SBI,

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I attended interview for clerks in SBI on 26th april 2010 in chennai. What will be the gross salary and net salary of newly appointed clerks in SBI after the revised pay which was signed on 27th april 2010. I am selected as a sorting assistant in RMS'T'Division,(Tiruchirapalli)Department of Posts,India(central government job) on 29th December 2009.

0 Answers   State Bank Of India SBI,

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In Red Cross is symbolized as 'Red Cross'. In Arabian coutries which is symbolized by ............

3 Answers   Bharat, Indian Overseas Bank,

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hi any 1 selected frm andhra pradesh to karnataka bank clerks in 2011.my interview is in june.plz msg me on 7207655202/maheshallam10@gmail.com

0 Answers   Karnataka Bank,

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please send the last five 5 times Probihinotery Clerk Post question paper

0 Answers  

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rbi means

0 Answers  

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hi guys , this is BHUSHAN MALIK FRM AMRITSAR, i take my interview of state bank of patiala at jalandhar, it was a decent one experience, the panel was very co-operative not to me but with everybody, they didnot try to intimidate students , they ask simple questions , mainly about your city, ur state political scenario, national political scenario, basic information about the new cabimet formed by pm manmohan singh, questions about who's who sort of , and basic gk which every indian must know of , fill everything in ur biodata carefelly , u should be able to explain what you are writing in that , if stiill you face any queerry , email me at bhushan_malik1986@rediffmail.com or call me at 9988017661, one thing if u want to escape from any botheration , plz go with attested certificates , and arrange them carefully

0 Answers   State Bank Of India SBI,

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s.b.i ke interview ka result aaega b ya ni.

1 Answers   State Bank Of India SBI,

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Hi guys. I have clered the written test for sbi clerk post. and i have interview tomorrow i.e; 23may,2009 I have done MCA in 2008. some of my friends told that " dont say about MCA" because they wont prefer highly over qualifies people. So should i say this qualification in interview. If i say what is the best answer to defend this. Or If dont say then they may ask what did u do after ur graduation. Please answer my question...i have interview tomorrow

2 Answers  

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Hi all This is Aditi from UTTARKHAND. I had given interview for the SBI clerk on 28th april at DEHRADUN if anybody else is there who had given interview in the morning session at the same venue please post here

22 Answers   State Bank Of India SBI,

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