An overnight lending rate calculated daily by the National Stock Exchange of India. This rate is given to first class borrowers and lending institutions, and is based on an average of lending rates offered by major banks throughout India. Since its launch on June 15th 1998, this benchmark has been used to determine rates on nearly all money market deals made in India.
Related information about Mumbai Interbank Offered Rate (MIBOR):
- Mumbai Interbank Offered Rate (MIBOR) Definition | Investopedia
The interest rate at which banks can borrow funds, in marketable size, from other banks in the Indian interbank market. The Mumbai Interbank Offered Rate ...
- Rate:Mumbai Interbank Offered Rate (MIBOR)
The chart on the left is the 3 month MIBOR. The Mumbai Interbank Offered Rate, or MIBOR, is the average interest rate at which term deposits are offered ...
- What is Mumbai Interbank Offered Rate (MIBOR)? definition and ...
Definition of Mumbai Interbank Offered Rate (MIBOR): An overnight lending rate calculated daily by the National Stock Exchange of India. This rate is given to ...
- Mumbai Interbank Offered Rate - MIBOR: Definition from Answers.com
Mumbai Interbank Offered Rate - MIBOR The interest rate at which banks can borrow funds, in marketable size, from other banks in the Indian interbank.
- MIBOR - Mumbai Interbank Offered Rate
<a href="http://www.acronymfinder.com/Mumbai-Interbank-Offered-Rate-(MIBOR) .html">MIBOR</a>. Citations. MLA style: "MIBOR." Acronym Finder. 2012.
- Banks may move to screen-based rate for MIBOR - The Economic ...
Aug 3, 2012 ... Some Indian bankers fear that the current polling system used to determine the Mumbai interbank offered rate (MIBOR) could be similarly ...
- Featured Articles about Mibor - Page 2 - Economic Times
... rather it is benchmarked against a market-driven rate like the Mumbai Interbank Offered Rate (MIBOR), for instance. So every time the MIBOR fluctuates (i.e. ...
- Indian banks eye move to screen-based rates for MIBOR
Aug 3, 2012 ... Some Indian bankers fear that the current polling system used to determine the Mumbai interbank offered rate ( MIBOR) could be similarly ...