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what is repo rate?
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Answer Posted / dr.santhosh kumar , mba, mcom
the rate at which RBI lending loan to banks to fulfill the
currency shortage prevailing in banks.
it also one of the tool used by RBI towards the corrective
measures on inflation .
Repo rate is fixed by RBI based the present currency reserve
and future currency needs.
repo has two way meaning ..
i) under RBI
LENDING percentage to banks
ii)under stock market .
two way transaction .
i.e , a person should buy the share from the same person
on a fixed date to the person from whom he sold it ..
reverse repo :
a person should sell the share to the same person on a fixed
date to the person from whom he bought it ..
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