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Posted byAdmin
Variable vs Fixed Interest Rate The term interest rate is often used in the field of financial management, and it can be often found in the advertisement launched by financial institutions like banks, etc. Interest rate can be defined as a percentage that can either be charged or paid for the use of money. Interest […]
Posted byOlivia
MIBID vs MIBORMIBOR stands for Mumbai Inter Bank Offered Rate, and serves the same purpose as LIBOR in London City. MIBID is the bid rate as against the offer rate. Indian government set up a committee for the development of debt market. This high powered committee suggested setting up inter bank rates on the […]