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  • Monday, April 28, 2025
  • The Financial Encyclopedia
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What Is the Difference Between Prime Rate and Benchmark Rate?

In banking, the benchmark rate is a reference lending rate used by banks to price their interbank loans. The most...

    Why Banks Do Not Make Fixed-Rate Loans?

    Fixed-rate loans are loans made at pre-set interest rates that don't adjust over time to take into account prevailing economic...