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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.
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What is the repo rate and reverse repo rate from aug 2011?
repo rate is 8%. reverse repo rate is 7%
What is the present repo rate and reverse repo rate of RBI?
Repo rate is 7.25 reverse Repo is 6.25
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% ..
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%.
How much is repo rate and reverse repo rate currently?
6.25, 7.25
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.
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 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%
Which of the rate is not determined of RBI?
reverse repo rate..
What is full form of reverse repo rate?
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 effect does repo and reverse repo rate will have on your GDP?
if gdp increases, it will increases prices and the repo rate has to be decreased in order to
Current reverse repo rate?
8.5%
