what is repo rate?
Answers were Sorted based on User's Feedback
Answer / bharat bhushan sachdeva
Repo rate is the rate decided by the central bank for all
commercial bank to get short term loans from them and
reverse repo is vice-versa
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Answer / nayan jyoti barman
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.
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Answer / deepak pathak
The rate is which rbi borrowsfrom the bank
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Answer / anurag sharma
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.
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Answer / rishi
reporate is that which runs according to inflation . if
inflation increase then RBI take action to control the
inflation . tby incraesing reporate in banks . that will
control the liquidity .
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Answer / neeraj manglik
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
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Answer / nishant mehrotra
repo rate is the interest rate at which the reserve bank of
india or central bank of the nation provide loans to
commercial banks.
and in other words.....
repo and reverse repo rate are the rates at which the rbi
lends to banks and banks park excess funds with the central
banks
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Answer / rajesh kumar
repo rate is the rate at which banks borrow money 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.
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Answer / shikha
rate at which RBI lends money to commercial banks for less
than 90 days
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Answer / lakshmi
repo rate is the rate at which commercial banks borrow
rupees from the central bank(rbi)
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