what is the difference between bank rate and repo rate?
Answer Posted / nikhil kabra
Repo rate :- If bank borrow money from RBI for short-term period is called Repo rate.
Bank rate:- If bank borrow money from RBI for long term period is called bank rate.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What do you mean by term 'Loan Maturity' and 'Yield'?
Under Which Ordinance Company is Formed?
What do you know about Deflation?
Discuss any two points on General Budget and Railway Budget?
What are 'capital receipts'?
What Is Saving Account?
What is a Balanced budget ?
Can you please give me NCFM DP module question papers other than the questions in nseindia.com?
Share your views on India 2020?
What are the components of the monetary policy of rbi?
What Is Cp?
What do you know about SWOT Analysis?
what happend to the DLF co. during recession why the slow down in it's share and comapny also?
what is equity funding?
Why do you want to join the banking sector?