Interested to Buy Any Domain ? << Click Here >> for more details...
What is meant by Repo Rate and Reverse Repo Rate.
- 28 Answers
- 150155 Views
- Andhra Bank, Capital IQ, Idbi Bank, Search Enterprises, State Bank Of India SBI, WNS, I also Faced
- E-Mail Answers
Answer Posted / satyendrasingh@yahoo.co
Reverse Repo rate is the rate at which Reserve Bank of India (RBI) borrows money from banks. Banks are always happy to lend money to RBI since their money are 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. It can cause the money to be drawn out of the banking system.
| Is This Answer Correct ? | 12 Yes | 0 No |
Post New Answer View All Answers
Dear Friends, Please help me with the below, I am new to the current company and newly accountant. My question is, In Balance sheet, Cash in Drawer is showing excess amount and I could not tally it with sales. Please guide me how do I need to tally CASH IN DRAWER? I don't want to reconcile. I only want to tally. Please help. Thanks in advance.
Expand-----RTD
what are the different causes for discrepencybetween the balance of cash book and pass book
Should I have perfect credit score, that is, above 800 credit score?
i want the difference p&l a/c and Income and expediture statement
plz send me the accounting questions and answers of bank of america.
what do Loan Loss Coverage Ratio mens describe it with examples?
what are the payroll procedures?
how to entery pass in tally when items damage(items insured)and claim to insurance co.
What is the mening of uidnvhe.?
Short Answer on _________Business
Is depreciation a expense or income?
Mostly what type of manufactures are coming under TDS and basic rate for each category
what are your plans after completing your MBA (or) studies ?
Hi...At present am doing my second year B.Com.I want to do Chartered accountant.Could you send me the details such as when i can start this course,levels of course,proceudre to start( training and prerequirement if any)?And also do let me know is it possible to start from madurai.Note: I wanted to start by regular classes not by distant education. Thanks in avance.
