what is repo rate?
- 147 Answers
- 200518 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 / durgak
Whenever the banks have any shortage of funds they can
borrow it from RBI. Repo rate is the rate at which 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 ? | 1 Yes | 1 No |
Post New Answer View All Answers
what is duties and responsibilities for clark working in sbi
I have complited my ERP course in FICO module. Now I want to work in ERP package. Please suggest me how I will apply for the organisation works in ERP environment.
what do you mean by jounal voucher? Jounal entry for dishonored cheque can be possible thruogh jv?
different between acconting and elective mathematics
why would you like to opt nbp
I AM APPLY FOR CLERICAL CADRE IN SBI. SO ANYONE SEND ME QUESTION WITH ANSWERS, WHICH ARE RELATED TO THAT JOB. MY EMAIL ID IS shawetasingh24@gmail.com
what is contigent liabilities? whats it status in balance sheet?
what is payment method?How many payment method we can assign to company code.
what do u mean by arrear basic or arrear hra?
I want to become CFA so kindly provide me all information regarding this like fees structure,colleges in mumbai,duration etc.
what is participation right is it a debt? or not?
helo sir, i want to know the writen exam pattern for finance and accounts ang general apptitude test of ongc.
Distinguish capital and revenue expenditure
Take me through the entire vendor cycle.
Explain about Fluctuating Capital
