hi, recently i heard in news that bank rate and repo rate
are cut by 100, 50 basis points what does this mean
excalty, plz explain me this in simply words please, i want
to know it.
- 2 Answers
- 5143 Views
- I also Faced
- E-Mail Answers
Answer Posted / mannat
Hi,friends Mannat this side,its simly a try to giv ur
ans.the logic behind this idea is to increase liquidity in
d market so dat an investor can pick money frm banks at low
rates n again invest it to mkt or in govt securities n
recycling of money.if RBI has cut repo rates it means dat
banks can easily tk mor money frm RBI n can giv to investor
as well as
| Is This Answer Correct ? | 7 Yes | 5 No |
Post New Answer View All Answers
Give an example when you had a clash with your peer. What did you do in that situation?
Define CRR? What is the current CRR?
What do you mean by financial accounting?
What is the difference between savings bank account and current account?
Why did you choose this college and this stream?
Give an example of Vertical combination,Horizental Combination of Merger?
What is the post- dated cheque?
Can I Erase My Student Loans By Filing Bankruptcy?
what are the types of Tally ERP 9 vouchers? Also give the shortcut for creating this vouchers?
What do you understand by overdraft?
What are limited liability companies?
what does a pension actuary do?
What are the top fifty companies in nifty and top thirty companies in sensex?
When rbi was established?
What is fertility rate?
