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What is meant by Repo Rate and Reverse Repo Rate.
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Answer Posted / atul juyal
Repo rate is the discounting rate at which central bank
borrows security from commercial bank.Repo means repurchase
agreement b/w RBI &commercial bank.
Reverse repo is the rediscounting rate at which commercial
bank borrows discounted security from central bank ie RBI.
| Is This Answer Correct ? | 135 Yes | 218 No |
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