what is the difference between repo rate and bank or
discount rate ?
and
as discount rate are determined by central bank is repo rate
is determined by MPC monitary policy comittee?
Answer Posted / jitesh patle
IN CASE OF REPO RATE COMMERCIAL BANK HAS TO SELL SECURITIES
TO RBI AND BORROW MONEY WHEREAS IN CASE OF BANK RATE THERE
IS NO SALE OF SECURITIES.
| Is This Answer Correct ? | 84 Yes | 12 No |
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