what is bank rate?

Answer Posted / manjunath rathod

Bank rate is a rate at which RBI lends money to the
commercial banks. Bank rate serves as a basic parameter to
the commercial banks to fix interest on long term loan to
the individuals and coporates.

Is This Answer Correct ?    21 Yes 11 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is human relation approuch ?

1616


MOP can be processes ? and after processing can it be use for industrial purpose and pharmaceutical purpose ? can it be process for injectable use ?

1593


What are the different types of MRP runs(i.e. Regenerative, Net Change etc)

4735


A. What is the system approach to management? Explain the salient features of this approach. B. Describe various managerial skills briefly. Discuss the roles these skills could play in building an institution.

1738


Accounting concepts are broad basic assumptions that underlie the periodic financial accounts of business enterprises. Discuss

1379






if you eventually employed,what would be your contribution / role with the company

2337


Under Operatons, What are the principles of control and Mangement?

1652


what is the difference between bussiness group, organization and company.

2034


Explain Foreign Direct Investment in Indian Business?

1733


What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all times?

2143


Business Social Responsibility (BSR). How this can be used to improve the business environment?

1973


HOW MANY BASED RATE AND OTHER RELETIVE RATES.

1723


tell me about the time when you had a disagreement with someone at wark

1972


Identify some of the major personality traits of Indian mamagers .cana manager use such traits in shaping his /her actions for better results in the organizations ?

2132


Why do you want to work with SOUTH ATLANTIC OIL AND GAS INC.?

2338