Economy, asked by Pujithachinni3720, 1 year ago

Generally the minimum rate below which the banks do not lend is known as

Answers

Answered by brainlystargirl
24

Heya..

Question : -

Generally the minimum rate below which the banks do not lend is known as...?

Answer :-

Base rate ___

Base rate is that rate that is minimum level of interest rate is offering to them when they lend money to the persons...

Thank you

Answered by ItzDαrkHσrsє
11

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<p style="color:cyan;font-family:cursive;background:black;font-size:25pxi"> Minimum rate below which banks do not lend is known as 'Base Rate'

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