Bank rate

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For the company, see Bankrate.
Bank rate, also referred to as the discount rate, is the rate of interest which a central bank charges on the loans and advances that it extends to commercial banks and other financial intermediaries. Changes in the bank rate are often used by central banks to control the money supply.

Difference between Bank Rate u s and Repo Rate

bit-term loans and used for controlling the amount of money in the market, bank rate is a long-term measure and is governed by the long-term monetary policies of the governing bank concerned.ch

Bank rate, also referred to as the discount rate, is the rate of interest which a central bank charges on the loans and advances that it extends to commercial banks and other financial intermediaries. Changes in the bank rate are often used by central banks to control the Money supply.

Repo rate:Whenever the banks have any shortage of funds they can borrow it from the central bank. Repo rate is the rate at which our banks borrow currency from the central bank. A reduction in the repo rate will help banks to get Money at a cheaper rate. When the repo rate increases borrowing from the central bank becomes more expensive.It is more applicable when there is a liquidity crunch in the market.In order to increase the liquidity in the market,the central bank does it.

The Reverse repo rate is the rate at which the banks park surplus funds with reserve bank, while the Repo rate is the rate at which the banks borrow from the central...
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