Economy, asked by ajaysingh20039068051, 5 months ago

4. what is bank rate ?​

Answers

Answered by Anonymous
10

Answer:

Definition:

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

Explanation:

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Answered by Anonymous
0

Answer:

Bank rate refers to the rate of interest at which the RBI lends money to the commercial banks . It refers to inst.ant loan requirement of the commercial banks .

Explanation:

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