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What is Repo?
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Answer / ravi gr
repo it is the rate set up by rbi.at this rate the rbi
lending money to banks.
| Is This Answer Correct ? | 18 Yes | 1 No |
Answer / 123
in order to maintain the financial stability, some time
sell the financial instruments with the agrement of
repurchase the same instruments after certain specefic
period. the repo rate is the diffrence between the selling
price and repurchase price.
| Is This Answer Correct ? | 10 Yes | 1 No |
Answer / shivesh
Repo rate is the rate at which our banks borrow rupees from
RBI. A reduction in the repo rate will help banks to get
money at a cheaper rate. ...
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / jitendra
Repo rate is the rate which is set up by RBI to lend money
to Indian commercial banks for short term basis.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / uma.p
WHENEVER THE BANKS HAVE SHORTAGE OF FUNDS THEY CAN BORROW
FROM RBI. REPO RATE IS THE RATE AT WHICH OUR BANKS BORROW
RUPEES FROM RBI. A REDUCTION REPO RATE WILL HELP THE BANKS
TO GET THE MONEY AT CHEAPER RATE AND THE INREASE RATE
BECOMES TO BANKS MORE EXPENSIVE.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / devi
Repo means Re-purchase agreement.Repos are classified as a
money-market instrument. They are usually used to raise
short-term capital.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / k b prasad rao
Whenever the banks have any shortage of funds they can
borrow it from RBI. Repo rate is the rate at which our
banks borrow rupees from RBI. A reduction in the repo rate
will help banks to get money at a cheaper rate. When the
repo rate increases borrowing from RBI becomes more
expensive. Base on this only banks will increase/decrease
the interest rates to the customers (Housing loan, Fixed
depost rates)
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / d.vinay
repo rate is the rate at which commercial banks barrow money from RBI.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / rajeev rai
repo rate is the rate that rbi take the money from bank on
his every deposit for safety purpose.
exp- suppose repo rate is 7% then on every deposit bank
have to deposit 7% to rbi, that is called repo rate.
| Is This Answer Correct ? | 0 Yes | 3 No |
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