The rate that banks involved in the Indian interbank market are willing to pay for the purpose of attracting deposits from other participating banks. This rate is determined as being a weighted average of a group of banks and is calculated on a daily basis.
Related information about Mumbai Interbank Bid Rate (MIBID):
- Mumbai Interbank Bid Rate (MIBID) Definition | Investopedia
The interest rate that a bank participating in the Indian interbank market would be willing to pay to attract a deposit from another participant bank. The MIBID is ...
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The chart on the left is the 3 month MIBID. The Mumbai Interbank Bid Rate, or MIBID, is the average interest rate at which term deposits are offered between ...
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Mumbai Interbank Bid Rate - MIBID The interest rate that a bank participating in the Indian interbank market would be willing to pay to attract a deposit.
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