what is repo rate?
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Answer / pooja nagori
Repo rate is the rate at which the RBI lends money to the
commercial banks. It is a tool in the hands of RBI to
control the liquidity in the market. Whenever there is a
shortage of liquid cash , RBI cuts the Repo Rate so that
banks can borrow money from the RBI and can liquidate the
economy by lending more & more.
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Answer / shashi sharma
When RBI revises the rate for lending MONEY against
Securities to BANKS, it is called REPO RATE. Here, the RBI
is the Lender and the Banks are the borrower.
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Answer / kartikey srivastava
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 / suresh
Dont put wrong answer to this question. please avoid to put
answer if does't know the correct answer.its confusing the
reader.
Thank you
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Answer / maran
REPO is short form of REPURCHASE AGREEMENT.it is money
maket instrument allowing banks and fininacial instiutions
to sell securities to investor with agreement to repurchase
them at a specified rate and date. its introduced by RBI in
1992
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Answer / kanhaiya
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 / prashant
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 / chiranjibi
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 / rahullmishra
repo rate is the rate at which banks take loan from
rbi........
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Answer / krishan kumar
repo rate is the rate, which this help bank received money
(at current rate 7.75) from reserve bank of india, for
short term period.
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