what is repo rate?
Answer Posted / nayan jyoti barman
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
Expand---------PED
Short Answer on _____________Revenue Budget
hi to all i have also cleared sbi exam and my interview is on 26th may 2009.can any one help to prepare for interview
how enter service bill in the tally and what is the process of service bill. aganst service charge @ 10.3%, sercharge 2% cess 1%
total capital stock
What is the due date for filing monthly & annual sales tax returns in karanataka
What does my credit score mean?
Short Answer on __________Accrued interest
WHAT IS THE DIFFERENCE BETWEEN PUBLIC COMPANY AND PRIVATE COMPANY? MUTUAL FUNDS? GOOD WILL? ABOUT YOUR PROJECTS?
If income and expense both are equal then what it depicts
what are the uniform public construction cost accounting act procedures?
why do you want to work here?
You are working in a Company but due to certain reasons you were not able to complete the work given to you on time, so to write a Letter of Apology to your Senior regarding it.
Which Invoice issued on Central Sale Commercial or Retail?
What are Corporate Action?