<P> Bank rate , also referred to as the discount rate in American English , is the rate of interest which a central bank charges on the loans and advances to a commercial bank . The bank rate is known by a number of different terms depending on the country and has changed over time in some countries as the mechanism used to manage the rate have changed . </P>
<P> Bank rate , also referred to as the discount rate in American English , is the rate of interest which a central bank charges on the loans and advances to a commercial bank . The bank rate is known by a number of different terms depending on the country and has changed over time in some countries as the mechanism used to manage the rate have changed . </P>
the rate at which the rbi lends money to commercial banks is called
the rate at which the rbi lends money to commercial banks is called
Bank rate , also referred to as the discount rate
Bank rate , also referred to as the discount rate