Interested to Buy Any Domain ? << Click Here >> for more details...
what is the diff among repo rate,reverse repo rate and bank
rate?
- 2 Answers
- 6120 Views
- I also Faced
- E-Mail Answers
Answer Posted / sudhakar bhartiya
repo rate is the rate at which RBI lends the money to other
banks, reverse repo rate is the rate at which RBI borrows
money from other banks to suck the money or excessive money
from the market. bank rate is similar to the repo rate,
difference only being is that repo rate is for smaller
period of time while bank rate applies for the longer
period of time.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
How has demonetization affected your household in particular?
Share your views on Business Cycles?
Please tell something about ex-president APJ Kalam. Why he was so popular?
Who is a policyholder?
How is Economy,Industry and Company analysis is carried out by the Fundamental Investor?
what is irr?
How many bank exams(or)interviews have you attended so far?
Do you think Activity Diagram is important and how?
Examine the marits and Limitations of the obsrvation method in collecting data. Illustrate your answer with suitable example.
What are the skills required to become actuarial?
How will you define the role of SEBI?
How will you define Retail Banking?
Is there any ethical dilemma that the banks face?
What were the headlines in the Financial Times today?
What Are The New Features Included In Openpages?
