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?
- 24 Answers
- 50982 Views
- I also Faced
- E-Mail Answers
Answer Posted / pankaj kumar
bank rate:
rate at which central bank of a country lends money
to the country's commercial banks.
repo rate:
rate at which the banks can borrow money from a
central bank of the country in order to avoid scarcity of funds
| Is This Answer Correct ? | 9 Yes | 13 No |
Post New Answer View All Answers
What is balanced growth of an Economy?
last date of payment & filing return for s.tax for co.
What is a Barter economy?
how many members can be created inside a single pds?
can anyone tell me the number of the bill Obama just signed on Mar. 2, 2010, on unemployment benefits, so I can research it?
