Interest rates

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 January 2014 The clarrification I needed was that,
Which interest rate do people refer to when they generally talk about an interest rate. Is it the 10yrGSecBond rate or the Bank rate or any other??

03 January 2014 it could mean anything...including g-sec rate and bank rates. depends on the context..

03 January 2014 there is no such fixed rate it depends on their individual policy to fix it.




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