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what is repo rate?
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Answer / sarika bhardwaj
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.
| Is This Answer Correct ? | 5 Yes | 5 No |
Answer / sarika bhardwaj
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 ? | 3 Yes | 3 No |
Answer / indraneel
Interest rate which is given by RBI to other banks for the
money they give to it is known as Repo rate
| Is This Answer Correct ? | 3 Yes | 3 No |
Answer / anurag
Repo rate is the rate at which RBI lends money from
banks.There are two purposes for this
1. To control the floating money in the market to control
inflation.
2. For the purpose of security .
| Is This Answer Correct ? | 3 Yes | 3 No |
Answer / roshikesh
the rate at which RBI lends the money to other banks.
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / 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 |
Answer / vikram singh nimbola
repo and reserve repo both r decided by rbi.this rate is
turning rate for indian economy.rbi lends the money from
others commercial bank afterthat rbi pay the interest rate
for that lending money that is repo rate.
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / deepak goyal
Repo rate is the rate at which banks borrow funds from the
RBI to meet the gap between the demand they are facing for
money (loans) and how much they have on hand to lend.
If the RBI wants to make it more expensive for the banks to
borrow money, it increases the repo rate; similarly, if it
wants to make it cheaper for banks to borrow money, it
reduces the repo rate.
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / jyoti chaudhary
Repo rate is the rate at which bank buy loan from RBI.
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / shivani
The Rate at RBI lends money to the banks or bank borrows
money from RBI.If it gets increased then it becomes
difficult for the banks to meet their liquidity
standards.To fulfill their deficient gap banks in terms
incraeses loan rates.
| Is This Answer Correct ? | 2 Yes | 2 No |
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