Interested to Buy Any Domain ? << Click Here >> for more details...
what is repo rate?
- 147 Answers
- 232187 Views
- Accenture, Alstom, Birla Sun Life, Capital IQ, Corporation Bank, Dena Bank, Ernst Young, ICICI, Ing Vysya Bank, MBA, Morgan Stanley, Nabard, RBI, Sanat, Siemens, State Bank Of India SBI, TATA, UPSC, I also Faced
- E-Mail Answers
Answer Posted / shanavas.a.m
Whenever the banks
have any shortage of funds they can borrow it from RBI. Repo
rate is the rate at which our banks borrow rupees from RBI.
A reduction in the repo rate will help banks to get money at
a cheaper rate. When the repo rate increases borrowing from
RBI becomes more expensive.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
1. Fdr mature with interest
what is joint venture?
We can add the no. of increase in shares due to exercise of the options.Why diluted eps is calculated separatey?
Please explain a Representative Personal Account.
KINDLY PROVIDE ME RBI OFFICER SCALE B QUESTION PAPER (PREVIOUS)
impairment & Amortisation Means
please give the sbi bank clerk exam paper model in last five years?
what are the customization u have done in sap mm
What is the treatment of Capital Work in Progress as per the International Accounting Standards.
What Is The Limitation Of Remuneration Allowed If Book Profit Is 375850 In A Business Firm And In A Professional Firm?
What are the general Ledgers?
EXPAND___________IMA
What is the meaning of Debt reconciliation and how to do debt reconciliation?
Please let me know what to answer how long you prepared for SBI exam? if selected your credit goes to whom?
what is the organisation chart for accounting and finance ?
