Answer Posted / priyanka kapila
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 | 0 No |
Post New Answer View All Answers
How to fight Inflation and what is the current Indian scenario about Inflation?
Eplain the terms of any recent merger which had taken place in India.(*****)Please any one know about this explain.
What is the old name of syndicate bank?
What is 'electronic fund transfer system' (efts)?
How do you differentiate between Marketing and Sales?
What Is Non-traditional Options?
What are the basics of Monetary policy?
What is NBFC?
Compare registered vs. Bearer debentures.
What are your strengths and weaknesses? How will you overcome your weakness?
What Are The Significant Factors To Company Analysis?
What is m-commerce?
What according to you should be done for the growth and development of the economy?
How will you differentiate between shares and debentures?
Comment on 'Make in India' Scheme launched by the government?
