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What is meant by interbank rates?

Marketing Strategy Marketing Consultancy International Business B2C marketing
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Question added by padmakumar pathiyil , Marketing Consultant , Management Consultancy
Date Posted: 2015/01/02
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Vishal ganti
by Vishal ganti , Assistant Product Manager , Redington Gulf Fze

In order to maintain min liquidity and CRR, banks borrow from other banks short term loans for a particular interest rate. This is called interbank rates

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