Bank Branch Manager Question:
Download Questions PDF

Explain me what do you mean by term ‘Usury'?

Answer:

When a loan is charged with high interest rate illegally then it is referred as ‘Usury'. Usury rates are generally set by State Law.

Download Banking Branch Manager Interview Questions And Answers PDF

Previous QuestionNext Question
Please explain what is inter-bank deposit?Tell me as a bank branch manager, what is your management style?