How does bank decide interest rate?

Study

To market fluctuations in currency rates

As well as the desired interest rate according to the loan amount and duration

The interest rate decided by the state bank of a country in order to control the inflation and deflation rate. because stat bank is responsible for safeguarding the economic condition in a country.   

1. It All Starts with Interest Rate Policy
2. Market-based Factors
3. Client Inputs
4. A Summary of Different Interest Rates
5. Takeaway for Consumers