Economy, asked by hulk1567, 1 year ago

The short term borrwing rate at which the reserve bank of india borrows money from other banks is known as

Answers

Answered by brainlystargirl
0
Heya....

See here for your answer....

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The short term borrowing rate at which the reserve bank of India lender loans to the commercial banks is called...

Bank rate....

It is called that rate at which RBI gives money support to banks to overcome their immediate cash crunches...

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Answered by varshini1101
0
heya!!

here is your answer ⤵️⤵️

The short term borrowing rate at which the reserve bank of India borrows money from other bank is called bank rate


hope my answer helps you ✌
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