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What do yoy mean by repo rate & reverse repo rate.



What do yoy mean by repo rate & reverse repo rate...

Answer / gopal kumar

Repo rate the rate at which the RBI lends shot-term money
to the banks against securities.

Reverse Repo rate is the rate at which banks park their
short-term excess liquidity with the RBI.

Is This Answer Correct ?    4 Yes 1 No

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