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The rate at which central bank …

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The rate at which central bank lends money to commercial banks
  • 2 answers

Shashaank Tiwari 4 years, 10 months ago

Bank rate for long term and repo rate for short term

Yogita Ingle 4 years, 10 months ago

Bank Rate refers to the rate at which the Central Bank lends money to the commercial bank or the rate at which the Central Bank discounts the bills of the commercial banks. This rate is also called the rediscount rate.

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