Asked by BITHIN TALUKDAR
I have been offered three kinds of rates at which banks are pegging their interest rate. SIBOR, SOR and Bank Board Lending Rate.
Can someone tell me, the pros and cons of each of these three indices.
And implication of each of these indices in scenario of an economy that is a) still going down for year, b) stagnant at current rates for a year, c) starts moving upwards in two to three months from now.
Can someone tell me, the pros and cons of each of these three indices.
And implication of each of these indices in scenario of an economy that is a) still going down for year, b) stagnant at current rates for a year, c) starts moving upwards in two to three months from now.
1102 views