what is repo rate?
Answers were Sorted based on User's Feedback
Answer / mukesh chandra
the rate at which rbi borrow money from bank for short
period to inject liquidity in the market.
Is This Answer Correct ? | 21 Yes | 84 No |
Answer / pratibha
Repo rate is the discount rate at which central bank
repurchases govt. securities from commercial banks to
inject liquidity in the market.
Is This Answer Correct ? | 56 Yes | 122 No |
Answer / sushil kalra
Repo rate is the rate at which the reserve bank of India on
deficit borrows from the commercial banks. and reverse repo
rate is the interest rate at which RBI lends to the
commercial banks....
Is This Answer Correct ? | 55 Yes | 246 No |
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