Interested to Buy Any Domain ? << Click Here >> for more details...
what is repo rate?
- 147 Answers
- 227053 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 / subodh s ingle
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 ? | 2 Yes | 2 No |
Post New Answer View All Answers
plz tell me short cut method in maths for clerck post in bank
what is the difference between cash flow and funds flow
what is the uniform public construction cost accounting act?
When is the profession tax applicable? Is there a liability on the employer to pay PT? What is the amt of PT in case salary exceed Rs. 10,000/- pm
What is the GDP growth?
what are the new rules of central excise ?
I am going to attend an interview for the post of jr. Accounts Officer in airport authority of india,pls help me to prepare for the interview??
Short answer on____________Assessment Year
Expand-------IETF
Please share different type of Z report
please tell me short cut method in maths as well as in english for correcting the error for the post of clerck in bank exam
what happens to each of the three primary financial statements when capital expenditures decrease?
what is operational risk and market risk in basel 2 norms.
Why we have to present first and second draft(Bill of Exchange) for bank negotiation.Why cant we present only One draft?
DEfine SAP
