Interested to Buy Any Domain ? << Click Here >> for more details...
what is the difference between bank rate and repo rate?
- 10 Answers
- 15022 Views
- I also Faced
- E-Mail Answers
Answer Posted / encyclopedia
Both are basically the same. The Bank rate is the rate at
which commercial banks, which are temporarily short of
cash, can borrow from the Central Bank.The repo rate
enables holders of Securities, principally commercial
banks, to acquire funds from the Central Bank by selling
the securities and at the same time agreeing to repurchase
them at a later date at a predetermined price.
Increases in these rates indicate a desire for a
contraction in credit while decreases reflect a relaxation
of interest rate policy.
| Is This Answer Correct ? | 17 Yes | 5 No |
Post New Answer View All Answers
mis & qis formats
Who are the bharat ratna awardees, 2014?
When Shares Are Allotted to Shareholders at Par What Entry Will Be Passed?
What Is Convertibility Clause?
What is Crisil?
What all ways a bill collector can collect his debt from a customer?
What is the difference between equity and asset?
In order to attract deposits, banks offer various types of products with distinguishing features. As a student of banking law do you observe any challenge/threat from money laundering for banks in this struggle? Discuss.
What is meant by 'underwriting'?
Why development of rural area is important (when told the function of NABARD)?
What is the difference between trial balance and balance sheet?
Name some projects in which government has to make public expenditure?
what are the suitability of the position
What Are The Rules For User Names And Passwords?
Where were Olympics held in 2016 and now when will they take place and where?
