what is repo rate?
Answer Posted / sumit
When the banks have any shortage of funds they can borrow
it either from Reserve Bank of India or from other banks.
The rate at which the RBI lends money to commercial banks
is called repo rate, a short term for repurchase agreement.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Can you explain about the distinction of Book-Keeping and Accounting
What's the meaning of Preferential Creditor?
What are the question asked for accounts associate
What is meant by retiring Bill
Expand-------CAN
why do u want to join bpo sector
institutional investors?
what is the difference between sap and sas?
EXPAND___________LNG
EXPAND___________NPO
What is the procedure to become charted accountant in India now. Please answer this is urgent
After Posting the Document in SAP FICO Using the sort key then where we can see the sort key in SAP
Can I check my Vantage credit score range online?
Sensitive field have been defined and customized for vendor master data. For which of the following sensitive fields will an update trigger dual control?(any 1 answer) Currency Account group IBAN VENDOR ACCOUNT NUMBER
what is debit/credit note ? what deffered income and expencess?