Hi
What is Rate,Reverse Repo Rate,Bank Rate. How do u
determine the Price Brand of an IPO How do u fix the Base
Price of the IPO.
Answer Posted / a mukherjee
Repo means Repurchase Agreement.It is same as bank rate but
it comes with a repurchase agreement. Suppose ,RBI wants to
decrease the liquidity in the economy (recent condition as
on 21st march 2010)it will increase the rate.
when RBI is performing the repo it will sell the securities
to the commercial banks with an agreement that it will
purchase in the agreed date .In this same transaction the
commercial bank is performing reverse repo..
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
How many type of deposits does indian banking deal with?
Will Bankruptcy Wipe Out All My Debts?
1) what do you mean by " expressly admissible expenses" ? 2) how do you gross up the value in the following cases-- (a) net interest received on bank deposites. (b) net amount received on winning from lottery.
Who are venture capitalists?
What is Sensex? How is it calculated?
What propositions should be kept in mind while working with debtors turnover ratio?
What Are The Different Ways You Can Operate Your Accounts?
How has demonetization affected your household in particular?
How can your graduation stream contribute to NABARD?
How many parties are required in promissory notes?
What Do You Mean By Co-maker?
What is lease financing?
Whom do you admire the most and why?
Name the biggest private bank in India? Who is the CEO?
If given a chance to do something for the society to eradicate poverty, what will your initial step?