what is the difference between bank rate and repo rate?
Answer Posted / nishant sehgal (mba - finance)
its very a sorry state to see such kind of answer from
person of mutual find industry. so repo rate is basically
an annualised rate at which buyer of securities would lend
to seller of securities. this is a mechanism which is
commonly used by rbi to control the liquidity in the market.
when we see this mechanism from borrower point of view it
is called repo and when we see it from lender point of view
it is called reverse repo.
where as bank rate is a simple rate at which rbi lends to
commercial banks. thats it...............
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is the state dance of your native state?
What is the capital of Lithuania, Libya and UAE?
hi every one i want a job in abroad? what can i do for that and do i register any consultants for the oppertunity
how many lions do you find in the ashok pillar?
what is aql
Which city is called Orange city of india ?
Who wrote "Vandematharam" ?
Who is the chief of Asian development bank?
Who is the Governor of Bihar?
Who is the first chief of National Green Tribunal (NGT)?
Name the latest Nobel Prize winners?
Uruguay is the country of which continent?
what is the function referred when a branch track rail merger with another main rail track in junction?
which gas do you inhale during respiration?
What will be the max. salary for multitasking staff in pay band 5200-20200 with grade pay 1800.