General Studies · Financial Terms
What does the term 'Net Interest Rate Spread' refer to in banking?
- 1The profit margin after deducting operational costs
- 2The interest rate charged on credit card loans
- 3The difference between the interest rate a bank earns on loans and pays on deposits✓
- 4The total interest paid by a bank on deposits
Correct answer
The difference between the interest rate a bank earns on loans and pays on deposits
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