Answer / priyanka kapila

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.

Answer / akhil

repo rate is the rate to borrow money from central bank by
the banks.it is 8% now.

Answer / radhika.j

A transaction between two parties in which securities are
transferred in exchange for cash, on the basis that the deal
will be reversed at a predetermined date and at an agreed
rate. Reverse repos are the opposite.

Answer / shivesh kumar

repo rate means our bank borrow money from RBI.A reduction
in the REPO rate will help bank to get money at cheaper
rate.

Answer / chandana

Repo rate is the rate at which the Central bank repurchases
the government securities from the commercial banks
depending on the level of money supply which it maintains in
the country.

Answer / arvind sharma

Repo rate is the one kind of intrest.When Bank have short
capital then bank borrow from RBI.RBI charge some intrest
rate that is called REPO Rate

Answer / kavukuntla vinutha

the annualised intrest rate at which the funds were
transferd by lender to borrower is called repo rate.

Answer / babai

repo rate is that rate at which RBI lends securities &
money to other banks.current rate is 7.75. ...

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