answersLogoWhite

0

Are bank rate and repo rate same?

Updated: 9/19/2023
User Avatar

Wiki User

13y ago

Best Answer

Yes. Repo Rate is also called Bank rate. This is the rate at which central banks lend loans to the member banks of a country. This rate actually impacts the rate at which these member banks grant loans to their customers

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Are bank rate and repo rate same?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is a bank repo rate?

The Repo rate is the rate at which the central bank lends loans to its member banks.


What is the current repo rate and reverse repo rate in india?

The current Repo Rate is 6.5% and that of Reverse Repo Rate is 5.5%. While the Bank Rate is 6.00% ..


What is repo rate?

the repo rate is the rate that the reserve bank lends money to commercial banks


What is the current repo rate and reverse repo rate and bank rate by RBI in India?

As of October 12, 2010, according to the Reserve Bank of India... repo rate 6.00% reverse repo rate 5.00% overnight call money 6.24%


What is the meaning of reverse repo rate?

repo rate - is the interest rate that reserve bank use to charge commercial banks repo rate - is the interest rate that reserve bank uses to charge commercial banks


Repo and reverse repo?

Repo Rate - also called Bank rate is the rate at which central banks lend loans to the member banks of a country. This rate actually impacts the rate at which these member banks grant loans to their customers Reverse Repo Rate - is the reverse of repo rate and is the interest the central bank would pay its member banks.


How many differences between repo rate and reverse repo rate?

Assuming the State Bank of India, the spread between repo rate and reverse repo rate has trended towards 1.00%.


What is repo rate and reverse repo rate of RBI?

Repo Rate - also called Bank rate is the rate at which central banks lend loans to the member banks of a country. This rate actually impacts the rate at which these member banks grant loans to their customers Reverse Repo Rate - is the reverse of repo rate and is the interest the central bank would pay its member banks.


What is repo rate and reverse repo rate?

When banks have any shortage of funds, they can borrow it from Reserve Bank of India or from other banks. The rate at which the RBI lends money to commercial banks is called repo rate. The Reserve Bank parks its money with other banks at the reverse repo rate.


Repo rate and reverse repo rate?

When banks have any shortage of funds, they can borrow it from Reserve Bank of India or from other banks. The rate at which the RBI lends money to commercial banks is called repo rate. The Reserve Bank parks its money with other banks at the reverse repo rate.


Monetary policy of India?

means latest crr, repo rate,revers repo rate, bank rate ,slr


What is meaning to Repo rate?

the no of times a husband sleeps with his wife is called repo rate