Interested to Buy Any Domain ? << Click Here >> for more details...
what is Reverse Repo Rate?
- 4 Answers
- 8300 Views
- ICICI, Nabard, SEBI, State Bank Of India SBI, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / finance man
rate of interest on which RBI borrows money from bank
| Is This Answer Correct ? | 38 Yes | 2 No |
Answer / madan
RBI PAID INTEREST ON MONEY OF COMMERCIAL BANK. THIS RATE
CALLED REVERSE REPO RATE.
| Is This Answer Correct ? | 11 Yes | 1 No |
Answer / sandeep
RBI borrowed money from banks for that rbi pays interest to
the banks.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / praveen
This is exact opposite of Repo rate.
Reverse Repo rate is the rate at which Reserve Bank of India (RBI) borrows money from banks. RBI uses this tool when it feels there is too much money floating in the banking system. Banks are always happy to lend money to RBI since their money is in safe hands with a good interest.
An increase in Reverse repo rate can cause the banks to transfer more funds to RBI due to this attractive interest rates.
| Is This Answer Correct ? | 0 Yes | 0 No |
what is organic profit? and how it is calculated?
what is balance sheet?
15 Answers State Bank Of India SBI,
debentures
what is bond and what is debentures
What is intangiable asset?Which contents are to be verified during cheking the Transporters' bills?
fright receive ledger which group under we will open in tally
fill in the Blanks Recognising Revenues when cash is received is __________basis of accounting
What is BRANCH/DIVISION IN TALLY.ERP9 and what is its function in tally.ERP9
please provide wct retun guide line how can prepaire that
Why did you choose banking as your profession?
25 Answers Axis Bank, HDFC, HNB, ICICI, Private, State Bank Of India SBI, Yes Bank,
calls in arrears come under which group in tally?
what is the uniform public construction cost accounting act?
Audit 
