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     EduGorilla 
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    How is bank rate different from repo rate?
    1. It usually deals with loans.
    2. No collateral is involved in a bank rate.
    3. Repo rate is generally comparatively lower than a bank rate.
    4. It is usually used to cater the short term fund requirements of businesses.
    5. It usually deals with securities.
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Reply To: How is bank rate different from repo rate?1. It usually deals with loans.2. No collateral is involve….
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