what is repo rate?
- 147 Answers
- 200500 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
Answer Posted / hitendra kumar virani
Commercial banks need a large sum of money to operate its
daily routine operations smoothly. For this purpose banks
borrow money from Reserve Bank of India for an overnight
period.On this borrowed money those have to pay interest at
a fixed rate which is known as REPO RATE.
| Is This Answer Correct ? | 3 Yes | 2 No |
Post New Answer View All Answers
What is Accommodation Bill
what is OTC derivatives and Depository Trust & Clearing Corporation (DTCC) ?
EXPAND___________NAC
difference between vat 47 & vat 49
how many types of financial teribuanal? what is that?
describe the most complex challenge that you have faced and how you managed it
Please let me know what to answer how long you prepared for SBI exam? if selected your credit goes to whom?
what is portfolio Saint?
Tell me about how you have left a position better than you found it
Truck # 3 has a list price of 16000. It is acquired in exchange for a computer system that company A caries in its inventory. The computer system cost 12000 and is normally sold by company A for 15200. Pass the journal for the same.
Difference between nonoperating expentiture and non cash expenditure
What is Going Concern, What is Dual Entry , What is Business entity and what are the names of Stock exchanges and currency of some countries, stock market related questions, Exchange rates, Banks and other informations
What are the benefits ofparticipation in a depository?
what s BSPL and its significance?
what is the difference between Assets Allocation & Security selection?
