what is repo rate?
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Answer / shareef
rate at which RBI lends its exesses funds to system through
commercial banks
| Is This Answer Correct ? | 0 Yes | 0 No |
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 helps banks to get money at a cheaper rate.When the repo rate increases borrowing from RBI becomes more expensive.
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Answer / shanavas.a.m
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 ? | 0 Yes | 0 No |
Answer / arul
repo rate is the rate of bank barrowing money from RBI, if
the bank have any shortage , they can barrow from RBI now
the rate of Repo Rate is 8.50%
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Answer / prashant
The rate that Which RBI Barrows From Bank and It depends on
Inflation and current Economy Status.
| Is This Answer Correct ? | 2 Yes | 3 No |
Answer / suchinanda
repo rate is the rate at which the RBI lends to banks.
reverse repo rate is the rate at which rbi taking out money
from the bank and return the bank security to the bank it
is also decided by rbi itself.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / praveen
repo rate is the rate of interest which RBI pays to banks
by taking the excess money from them to limit liquidation
in the economy.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / kbk
repo and reverse repo is the rate decided by rbi to control
the liquidity in the market.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / satyajit singh
Repo rate is the rate at which RBI lends money to the banks. Economic condition of the country has a big impact on REPO RATE.
| Is This Answer Correct ? | 0 Yes | 1 No |
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