#banking_brief 82

London interbank Offered Rate (LIBOR) is a benchmark rate at which major global banks lead to one another. Because of its easy collusion and other issues LIBOR will terminated by December 2021 and different benchmark rate will be attached for future agreement and understand more about the problem associated with its transitions and its impact on current consumer.

Give it a read to get an insight on the topic.

CreditsRupesh Sharma, Rajat Mehta

#economy#banking#money#finance#vittarth

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