Bank Rate means the rate of interest M.P.P.C.S (Pre) 1993

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614

M: +2.00/-0.50

Bank Rate means the rate of interest

M.P.P.C.S (Pre) 1993 U.P.P.C.S (Pre) 2009, U.P.P.C.S. (Mains) 2011

[Fiscal Policy, Inflation Planning and Banking]

Paid by banks to depositors

Charged by banks from borrowers

Charged on inter-bank loans

Charged by Reserve Bank of India on loans given to commercials banks

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