Mumbai Interbank Offered Rate (MIBOR)
Chloe Ramirez
Updated on June 07, 2026
Mumbai Interbank Offered Rate (MIBOR),
How To Define Mumbai Interbank Offered Rate (MIBOR)?
The Mumbai Interbank Bid Rate (MIBOR) is a duplication of the Indian Interbank Bank Rate, the interest rate at which one bank charges another on short-term loans. As the Indian financial market continues to grow, India needs a benchmark interest rate for its debt market, which leads to the growth and introduction of MIBOR. The Central Bank of India uses MIBOR in conjunction with the Mumbai Interbank Supply and Forward Rate (MIBID and MICOR) to define short-term monetary policy.
Literal Meanings of Mumbai Interbank Offered Rate (MIBOR)
Mumbai:
Meanings of Mumbai:
A city and port on the west coast of India, the capital of the state of Maharashtra with a population of 13,922,100 (2009 estimate).
Interbank:
Meanings of Interbank:
Agreed, organized or interbank operation.
Sentences of Interbank
Business opportunities in the interbank market
Offered:
Meanings of Offered:
Introduce or offer (someone) to accept (someone) or reject it.
Provide (access or opportunity)
Use something to fit your appearance.
Express a desire to do or give something when asked.
Sentences of Offered
May I buy you a drink?
The coastal road offers easy access to the nine valleys of Antrim.
Friendly offer of help
Synonyms of Offered
present itself, occur, submit, proffer, happen, suggest, provide, recommend, suggestion, advance, put forward, overture, render, arrive, proposition, propose, give, propound, come up with, present, tender, appear, show itself, extend, submission, approach, proposal
Rate:
Meanings of Rate:
Pay a fixed price or charge something for something, especially good or service.
Sentences of Rate
This program is considered very successful.
Synonyms of Rate
judge, appraise, measure, figure, find to be, hire, think to be, judge to be, assess, reckon to be, tariff, weigh up, deem to be, outlay, calculate, evaluate, charge, price, adjudge, consider to be, hold to be, put a value on, value, amount, estimate, gauge, compute, cost, fare
Mumbai Interbank Offered Rate (MIBOR),
Mumbai Interbank Offered Rate (MIBOR) Meanings:
The Mumbai Interbank Bid Rate (MIBOR) is a repetition of the Indian Interbank Rate, the interest rate that a bank charges on another term loan. As the Indian financial market continues to grow, India needs an interest rate for its debt market, which leads to the growth and introduction of MIBOR. MIBOR is used by the Central Bank of India in collaboration with Mumbai Forward and Interbank Rates (MID and MIFOR) to determine the initial monetary policy.
Literal Meanings of Mumbai Interbank Offered Rate (MIBOR)
Mumbai:
Meanings of Mumbai:
A city and port on the west coast of India, the capital of the state of Maharashtra with 13,922,100 inhabitants (2009 estimate).
Interbank:
Meanings of Interbank:
Agreed, regulated or interbank operations.
Sentences of Interbank
The current credit ■■■■ is dependent on loans from Lands Bank to regional and local banks through the interbank market.
This will allow the market to meet the current wild interest rate fluctuations in the local interbank money market.
Of course, banks have a long history of transferring funds across borders using standard interbank transfers for businesses and individuals.
For now, the sender and receiver must have the same bank account, although Bank of America and Wales plan to offer bank transfers next year.
The paper also said that the central bank has allowed 12 more branches of foreign banks to participate in the interbank trade.
Central bank numbers are calculated from interbank rates, not European central bank rates.
The lending rate is usually 3.5 percentage points or more above the London Interbank offer rate, which is now 1.17%.
Rate:
Meanings of Rate:
The speed at which an object moves, moves, or changes.
A fixed price is paid or charged for something, especially a good item or service.
(In the UK) A land and building tax that is paid to the municipality by a company and former private property residents.
Think of it as a specific standard, standard, or area.
It is used to indicate that the previous statement is being corrected or clarified, or that the next statement is being made.
It is used to predict some unintended consequences if things go the same way.
Sentences of Rate
However, the extent of their crimes varies greatly, no matter how hard they try.
Although the theoretical model assumes a constant yaw rate, the measured velocity is very dynamic.
Rotation is a measure of the local geometry of a surface, while the rate of tension measures the rate of its relative expansion.
The rate of variability was measured as the number of nucleotide replacements per site and per generation.
All deaths in the daily dialysis group were lower (28 versus 46 with conventional treatment)
However, the men's recount hotspot is expected to further increase the average recovery rate.
Synonyms of Rate
warrant, have a claim to, deserve, ratio, standard, pace, velocity, momentum, scale, be entitled to, have a right to, tempo, be worthy of, be deserving of, be worth, proportion
