what is repo rate?
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Answer / gaurav baid
REPO RATE IS THE RATE AT WHICH RBI LENDS MONEY TO THE BANKS.
WHEN THEIR IS SHORTAGE OF FUNDS IN THE BANK IT BORROWS MONEY
FROM RBI AFTER GIVING SOME SECURITY
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Answer / kumar sahab
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 / praneek
Whenever the banks have any shortage of funds they can borrow it from RBI. 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 / ravi
Well, in simple language it is controllable by the RBI in
India and for more information see the google please...
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Answer / harsh vardhan singh
the rate at which sbi gives loan to other banks.current
repo rate is 5.0
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Answer / sandeep bajpai
Repo Rate is the rate at which Central Bank lends money to
other commercial banks in the country for a short time.
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Answer / nitin dwivedi
Repo rate is the tool in which banks take money from RBI to
meet the financial requirement and they have to pay the
interest in advance i.e. called HAIR CUT.REVERSE REPO RATE
is the vice verse of it where RBI taking money from the
banks and give the interest.This tools are basically used to
manage the cash flow in the market.
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Answer / s reavthy
repo rate is a rate where rbi lends money to other banks
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Answer / s.rama krishna
Discount rate at which a central bank repurchases government securities from the commercial banks, depending on the level of money supply it decides to maintain in the country's monetary system. To temporarily expand the money supply, the central bank decreases repo rates (so that banks can swap their holdings of government securities for cash), to contract the money supply it increases the repo rates. Alternatively, the central bank decides on a desired level of money supply and lets the market determine the appropriate repo rate.
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