what is bank rate?
- 9 Answers
- 13321 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 |
list out the accounting concepts and explain the accural concept
10 Answers Capital IQ, College School Exams Tests, SNE,
What is securities market?
16 Answers Capital IQ, JKG Securities,
Expand---------TRSP
what do you mean by suspense account?
what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching
Expand---------PTSR
What are events occuring after the balancesheet date?
The following are details of an invoice from a foreign supplier of goods: 20 pieces of item X @ $ 20 per piece $ 400 20 pieces of item Y @ $ 5 per piece 100 Shippingcharges 40 Discount -80 Total $ 460 Total cost of above shipment of goods is Dh 2,300 which is made up of Dh. 2,070 representing cost of transferring the above invoice amount of $460 and the balance of Dh 230 represents other direct costs You are required to calculate the landed cost in Dirhams for ONE PIECE of item X.
Expand---------STRP
can aney one explain it what is spin off / split off ?
Explain 4 types of Depriciation?
WHAT YOU MEAN DEBTOR AND CREDITOR?
Audit 
