Definition
The Mumbai Interbank Offer Rate (MIBOR) is one iteration of India's interbank rate, which is the rate of interest charged by a bank on a short-term loan to another bank. As India's financial markets have continued to develop, India felt it needed a reference rate for its debt market, which led to the development and introduction of the MIBOR. MIBOR is used in conjunction with the Mumbai interbank
In Panel Profits
In the Panel Profits market platform, Mumbai Interbank Offered Rate (MIBOR): Definition, Vs. MIBID applies standard financial concepts principles to comic assets and physical collections.
Common mistakes
Do not infer unobserved prices.