Discover full dictionary
Change Library:
Bank Rate শব্দের বাংলা অর্থ: ব্যাংক হার
Bank Rate Meaning In Bengali ব্যাংক হার
Bank Rate
কেন্দ্রীয় ব্যাংক কতৃক ঘোষিত নুন্যতম সূদের হার,
Definition
1) Bank Rate refers to the interest rate at which a central bank lends money to commercial banks. It is set by the central bank as a way to influence monetary policy and control the money supply in an economy.
2) Bank Rate can also refer to the interest rate that banks charge their most creditworthy customers for loans and other financial services. It is often used as a benchmark for other interest rates in the financial system.
3) In general terms, Bank Rate can be understood as the rate of interest that is applied to deposits and loans within the banking industry. It is an important factor that affects the cost of borrowing and the return on savings.
Examples
Bank Rate Example in a sentence
1) The central bank increased the bank rate to control inflation.
2) A lower bank rate encourages borrowing and stimulates economic growth.
3) Savvy investors closely monitor changes in the bank rate.
4) The bank rate influences mortgage rates for homebuyers.
5) The government may adjust the bank rate to stabilize the economy.
6) Rising inflation prompted the central bank to raise the bank rate.
7) Commercial banks may pass on the increase in the bank rate to customers.
8) Investors should consider the impact of the bank rate on bond yields.
9) A decrease in the bank rate can make it cheaper to borrow money.
10) The Federal Reserve's decision on the bank rate is closely watched by financial markets.
Part of Speech
Bank Rate (Noun.)
Synonyms
Bank Rate - (SYNONYM) কেন্দ্রীয় ব্যাংক কতৃক ঘোষিত নুন্যতম সূদের হার
Encyclopedia
Bank Rate refers to the interest rate at which a central bank lends money to commercial banks. It is set by the central bank as a way to influence monetary policy and control the money supply in an economy.
Bank Rate can also refer to the interest rate that banks charge their most creditworthy customers for loans and other financial services. It is often used as a benchmark for other interest rates in the financial system.
In general terms, Bank Rate can be understood as the rate of interest that is applied to deposits and loans within the banking industry. It is an important factor that affects the cost of borrowing and the return on savings.
# Over 2,50,000+ words