Question

ব্যাংক রেট কাকে বলে?​

Answer 1

Explanation:

Definition:

Bank rate is the rate charged by the central bank for lending funds to commercial banks.

Description:

Bank rates influence lending rates of commercial banks. Higher bank rate will translate to higher lending rates by the banks. In order to curb liquidity, the central bank can resort to raising the bank rate and vice versa.