Interested to Buy Any Domain ? << Click Here >> for more details...
Are Bankrate, Discount rate and Repo rate the same in Indian context?
- 4 Answers
- 8554 Views
- I also Faced
- E-Mail Answers
Answer Posted / badri.jena
The above explanation was near to answer but not correct.
The bank rate is also known as Discount rate, through this
rate central bank of a country give loans and advances to
commercial banks. It is also a tool of central bank to curb
inflation and deflation as well.
Whereas repo rate is the rate, the central bank charges
when commercial banks approach for borrowings to bridge
their fund shortages.
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
What are shares? What are nominal value/ free value of shares?
According to kyc guidelines which are the three documents that are mandated by rbi?
What are the main issues to be negotiated in an M&A deal?
What are the different types of accounts in a Bank?
Tell something about Bhartiya Mahila Bank?
As an investment banker what you think an analyst does on a typical day?
What are the different systems of accounting?
Is there any relations in between Sensex and foreign currency values? like if the sensex increased then the value of Rs goes up over USD (United state doller)?
What are the advantages and the disadvantages of equity finance and debt finance to a company raising finance and investors?
Walk me through a DCF…
What do you know about retail lending?
HI ,MY QUALIFICATION B.A. + PGDCA AND TRAINED ON JAVA . NOW I WANT TO KNOW TO GET JOB SOON WHICH COURSE I HAVE TO LEARN ?
What do you know about Digital India?
What do you understand by foreign draft?
Name the different types of deposits in a bank?
