What is the meaning of repo rate by RBI of India
Answer Posted / shinoj.k.s.
A Repurchase agreement (also known as a repo or Sale and
Repurchase Agreement) allows a borrower to use a financial
security as collateral for a cash loan at a fixed rate of
interest. In a repo, the borrower agrees to sell
immediately a security to a lender and also agrees to buy
the same security from the lender at a fixed price at some
later date. A repo is equivalent to a cash transaction
combined with a forward contract. The cash transaction
results in transfer of money to the borrower in exchange
for legal transfer of the security to the lender, while the
forward contract ensures repayment of the loan to the
lender and return of the collateral of the borrower. The
difference between the forward price and the spot price is
the interest on the loan while the settlement date of the
forward contract is the maturity date of the loan.
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
is the application print out is necessary in ibps interview process
hello frnds i m ravi in sbi interview @ nagpur 7th may there r 3 members in a pannel question like 1.u r belongs to technical background then why banking sector?? 2.if market will open then u left the bank ?? 3.what is Electronics 4.what is mean by instrumentation 5.do u read newspaper,?which ? 6.it is publish from how many cities of maharstra 7.u r from mp then why u choose maharastra? 8.hobbies(listening radio) 9.which is ur fav.radio channel.?its frequency 10.radio frequency range(because of electronics background) 11.marathi ,read write speak etc its little bit easy be prepared well all the best
Hi, this is Prasad MBA Graduate from Osmania University. MY question is how do you serve to our organization as a mba graduate. u can send answers regarding this to my mail id dvprasadb@gamil.com. Thank you
I've completed MCA ..what r the computer questions to be asked in sbi clerical interview ..
i am msc(cs) graduate. in +2 chose commerce.need to tell abt that? what type of questions i expect in computer science and in commerce?
iam sslc and dme,can i apply for canara bank and BOB bank exam for current call for.
i am having sbi interview. what type of preparation should i do?
Hi all, While I'm applying for the written exam wrongly I gave as general and later I came to know bef the interview tht I'm BC:(..I got proper singatures at the back of the call letter..but while interviewing me they dint consder tht.Will it be a negative for me during the selection and under which category i'll be considered Can any one guide me regarding this.
HI EVERY1 MY NAME IS CHANDER MOHAN(09873551124),NEW DELHI APPEARED FOR SBI CLERICAL INTERVIEW ON 27 APRIL AT NOIDA,THIS THREAD IS FOR THOSE WHO APPEARED AT NOIDA, AS I M SURE THAT WHENEVR THE RESULT WILL BE DECLARED, I'LL MIGHT GET SELECTED. SO THIS THREAD FOR THOSE WHO WANT ANY SORT OF THEIR QUERY TO BE RESOLVED,CAN CONTACT ME ON mrchang8786@gmail.com..... or HERE ON THIS THREAD,EXCEPT THE RESULT DATE. THIS THREAD WILL HELP US IN CASE WE WERE SELECTED IN DELHI, AND TO SHARE OUR EXPERIENCES FOR FURTHER QUERIES AFTER RESULT IS DECLARED.
what all marketing questions may be asked in sbi interview.. thanks in advance
aLL SBI Aspirants from UTTARAKHAND share your views to help each other here.
hi I have done Btech..currently working in IT ..is clerical job or MNC job is better to do ....
Hi friends, I m Esha Tongya and i hav been shortlisted for SBI Clerical exam. I am a bio postgraduate and would this make a difference in my interview? what can be the interview questions for me and how can i best answer them? pls revert me back with the best reply possible on my mail id eshajains@gmail.com. Pls hurry....
Hello guys and gals, Congratulations to those who have passed their exam for SBI clerk 2010. I am also through with the exam and have my interview scheduled on 30th April 2010. Could you people who are having interview before this date let me know the questions asked(after your interview). I am commerce graduate and I will appreciate your help before this date. Thanks and All D Best.
hi friends, i m shikha and i have been selected for sbi clerical interview 2010 which is on 8th may. i have done B.Sc(IT) through distance education. plz tell me about questions that may be asked.