can any on plz let me knw wat is rivarse repo rate ?
- 3 Answers
- 4513 Views
- I also Faced
- E-Mail Answers
Answer Posted / kanu
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.
Due to this fine tuning of RBI using its tools of CRR, Bank
Rate, Repo Rate and Reverse Repo rate our banks adjust
their lending or investment rates for common man.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Explain the different ways you can operate your accounts?
Explain in Tally ERP 9, how you can view profit and loss statement?
What are the features of debentures?
What Is Charge-off?
What are the components of debt equity ratio?
why there is a price band for IPO(initial public offer)? And at what price the investor can issue those ipos?
What is Share Certificate?
what is the short cut to select the credit note voucher in Tally ERP 9?
Tell us about internet security and threats and how as software engineer can you contribute to NABARD?
What are the contents in lease agreement?
What are the programs available after crossing nbet exam?
How is SLR determined? What is the Need of SLR?
Tell us about your latest qualification?
Do you know what negative interest rate policy is? Why does Japan adopt it?
What Will Happen In My Chapter 7 Case After I File All These Documents?
