Libor Rate & Mibor Rate Is Mibor Is Better Than Libor Rate. Please Clarify?

Is Mibor is better than Libor rate. Please clarify? - libor rate & mibor rate

LIBOR, London Interbank Offered Rate.
MIBOR is Mumbai Inter Bank Offer ref.

LIBOR is a daily reference rate based on interest rates offered by banks to lend unsecured funds to other banks in the London wholesale money market (or interbank market). This is generally the rate at which banks provide funds and take on the London market, from one to another.

MIBOR is a market for Indian banks and is in Mumbai for the same purpose as the LIBOR-based.

For me, the LIBOR rate is reasonable because the market depth. MIBOR is not the depth of insurance LIBOR.