hi, recently i heard in news that bank rate and repo rate
are cut by 100, 50 basis points what does this mean
excalty, plz explain me this in simply words please, i want
to know it.
Answer Posted / raghs
In simplest words the banks rate implies the rate at which
the RBI would lend the loans to its child banks which
include all commercial banks, which in turn increase the
money flow in the economy and increase the inflation in its
path but increase the return on the investment. a repo on
the other hand applies to the Repurchase of money market
instrument particularly BOE( bill of exchange) are
repurchesed by RBI any fall in this will have the same
effect discussed above. hope it helps
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
Do you think banks play a role in women empowerment? Justify your stand.
What are SMEs? What is their role?
What is the Full form of CBS and what are the features and benefits?
How Do I Record Exterior Cement Work? Is It An Asset Or An Expense?
Tell about GST and its pros and cons?
Explain about NBFCs?
Explain sovereign wealth fund.
What is pgdbo program?
What are NPA? How can they be reduced?
Is there any ethical dilemma that the banks face?
explaine me what the stock market points & how to decide increase in points.
What is the difference between nationalized banks and private banks?
Can you name some online retailers?
hello sir,my self vishal soni i am student of last year bechalor of commerce and want to complete my m.b.a. in finance in u.s.a. but i just want to confirm first that if i got A.T.K.T. in b.com which was solve so is there any chance to get admission in m.b.a. university and get student visa please sir reply as soon as possible. thankss
What does the government do to curb inflation?