what is repo rate?
Answer Posted / ramakrishnan
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.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
hi gurus , plz can anybody forward ur cv of accounts/finance related , exp of 4+ years to afreenjuveriya@yahoo.com
what salary you expect???
tell me about a time you had to deal with a conflict between a licensed and unlicensed personnel and how handled the situation?
hi.this krishan .i m slect in axis bank for executive. when i sposse to join
how to entry in tally for other person check received
why do you want to work here?
Expand-------CAN
what is finance what is bpo why do u want join a BPO types of process in BPO Company's
ACCOUNTING STANDARDS ISSUED BY INSTITUE OF CHARTERED ACCOUNTANCY INDIA FOR PREPARING FUND FLOW STATEMENT
Expand--------TAO
i have one question.when using fbra for reset clearing,message exchange rate different was posted and i have do reversalon the same time using fb08 but unfortunately i' m not authorize to use this transaction.my collegue only have.so how should i do.please advise
Difference between nonoperating expentiture and non cash expenditure
what is the difference between Assets Allocation & Security selection?
are there any sub-types of the 4 main types of bank accounts ?.........if yes what are they?
Where we show Service Tax Due ( Debit Balance ) in Balance Sheet?