what is repo rate?
- 147 Answers
- 200515 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
Answers were Sorted based on User's Feedback
Answer / manoj kumar
The rate at which RBI borrows from the bank.repo rate is
that rate at which RBI lends securities &
money to other banks.current rate is 7.75.
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / naina
pooja in answer no.1 and the rest of you who have given a
similiar answer are asked to kindly stay away from giving
wrong answers. nobody's forced u guys to give an answer..
so kindly refrain from carrying on your wild guesses...
this is a public forum and your wrong answers could
actually lead to a job rejection for some..so please act
wisely!!repo rate is the rate at which Rbi lends money to
other banks.
| Is This Answer Correct ? | 4 Yes | 1 No |
Answer / davinder
The repo rate enables holders of Securities, principally
commercial banks, to acquire funds from the Central Bank by
selling the securities and at the same time agreeing to
repurchase them at a later date at a predetermined price.
Increase in the rate indicates a desire for a contraction in
credit while decrease reflect a relaxation of interest rate
policy.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / sandip
In finance, "repo" means repurchase agreement, and
the "repo rate" is the current interest rate for secured
overnight or very short term secured financing involving
the sale and repurchase of securities. Its how some
securities positions are financed. "reverse repo" is the
same transaction from the borrowers perspective.
So, those terms make sense to financiers in the securities
industry. I dont know that they make sense in the
automobile industry, other than "repo" which is short
for "repossession". That of course is what happens when a
borrower fails to make a lease or financing payment on her
car. Then the "repo man" comes to take the car back as
permitted for breach of the financing agreement.
| Is This Answer Correct ? | 6 Yes | 4 No |
Answer / gaurav jain
repo rate is a tool used by RBI to curb inflation.
Repo rate means the interest rate that RBI charges for
lending money to other banks against their securities.In
this case RBI is the lender & Other banks are the
borrower.If RBI increases the repo rate it means that the
other banks have to pay more interest to borrow money from
RBI.
| Is This Answer Correct ? | 5 Yes | 3 No |
Answer / sandesh
REPO MEANS WHICH REATE RBI GIVE IN LOANS/OTHER FOR OTHER
BANK THAT IS A REPO
| Is This Answer Correct ? | 5 Yes | 3 No |
Answer / chummu
Repo means repurchase agreement. It is the rate at which RBI
lends securities & money to other banks.
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / rashmi ranjan
It is the rate at which RBI rediscounts the govt
securites.i.e it is the rate at which RBI lends money to
commercial banks. During inflation RBI increases repo rate
so as to make borrowings costlier and as a result the flow
of credit creation in the economy gets effected.This
ultimately tries to suck the excess liquidity in the
market.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / vijay.s
Repo is a rate where RBI is charging on Banks while lending
the money to banks. And is also an toll for government to
control the inflation by charging high repo rate
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / priti pandit
Repo rate is the rate at which RBI lends to other banks vice
versa it is the rate at which banks borrow from RBI.during
inflations this rate increases n while deflation it
decreasesas per the policies of RBI.
| Is This Answer Correct ? | 2 Yes | 1 No |
What do you mean by Amortization?
What do you mean by Leverage?
can we assign one more currency to the client
WHAT IS BANK RECONCILIATION STATEMENT? DIFFERENCE BET PUBLIC COMPANY AND PRIVATE COMPANY? MEMBERS IN PUBLIC CO AND PRIVATE COMPANY? WHAT IS DEPRECIATION?
What is dishonor check?
WHAT IS THE MEANING OF INDENTURE?
what is the meaning of LIQUIDITY? what is merger, acquisition & amalgamation? what is the differnce between them? WHAT IS THE TAXABLE VALUE OF THE FOLLOWING FRING BENEFITS FOR FRINGE BENEFIT TAX ? a) CONCESSIONAL TICKET PROVIDED BY THE EMPLOYER FOR PRIVATE JOURNEY OF An EMPLOYEE AND HIS FAMILY MEMBERS. b) GIFTS AND SCHOLARSHIP.
when assessing the credit proposal of a prospective borrower if he gets internal rating below the hurdle rate what will you suggest as a banker
Why interest on partner's loan is not transferred to his capital account? What is the logic for transferring it to his current account/ loan account or accrued interest account?
can anyone give me clear meaning of INVOICE in accounting terms
12 Answers Aster Infratek, Microsoft,
PURCHASE LABOUR CHARGE FROM R.K.DAS RS.6950AND TDSAPPLICABLE -
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
Audit 
