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.
Discount rate at which a central bank repurchases government securities from the commercial banks, depending on the level of money supply it decides to maintain in the country's monetary system. To temporarily expand the money supply, the central bank decreases repo rates (so that banks can swap their holdings of government securities for cash), to contract the money supply it increases the repo rates. Alternatively, the central bank decides on a desired level of money supply and lets the market determine the appropriate repo rate.
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Repo rate is 7.25 reverse Repo is 6.25
repo is taking somthing away like the repo man in the new movie repo! the genetic opera theres an organ repo man who takes away peoples organs
repo rate is 8%. reverse repo rate is 7%
Central banks control interest rates by altering the repo rate. Repo rate is the rate at which banks borrow money from the central bank. So if the central bank hikes the repo rate, the banks will automatically hike their lending rates. similarly if the central bank reduces the repo rate, banks will lower their lending rates too.
high interest rates such as the repo rates and high inflation rate
reverse repo rate..
Central banks control interest rates by altering the repo rate. Repo rate is the rate at which banks borrow money from the central bank. So if the central bank hikes the repo rate, the banks will automatically hike their lending rates. similarly if the central bank reduces the repo rate, banks will lower their lending rates too.
The "penalty" is a repo on your CR.,higher interest rates on future loans, and a possible judgement/wage garnishment against you. A repo is a repo is a repo in credit files.
Repo rate is the rate at which banks borrow money from the central bank of that country. So if the central bank (say reserve bank of india) hikes its repo rate, it becomes costly for banks to borrow money from RBI so they in turn hike the loan interest rates at which customers borrow money from them to compensate for the hike in repo rate.
The central bank does not directly determine the rates but the rates that it fixes like the Repo rate, Cash reserve ratio etc have a direct impact on the rates banks charge. When the repo rate is less and CRR is less then banks charge a lesser rate of interest and vice versa.
Discount rate at which a central bank repurchases government securities from the commercial banks, depending on the level of money supply it decides to maintain in the country's monetary system. To temporarily expand the money supply, the central bank decreases repo rates (so that banks can swap their holdings of government securities for cash), to contract the money supply it increases the repo rates. Alternatively, the central bank decides on a desired level of money supply and lets the market determine the appropriate repo rate.
Repo Rates Discount rate at which a central bank repurchases government securities from the commercial banks, depending on the level of money supply it decides to maintain in the country's monetary system. To temporarily expand the money supply, the central bank decreases repo rates (so that banks can swap their holdings of government securities for cash), to contract the money supply it increases the repo rates. Alternatively, the central bank decides on a desired level of money supply and lets the market determine the appropriate repo rate.
# 2 Repo rate is the discounting rate at which central bank borrows security from commercial bank.Repo means repurchase agreement b/w RBI &commercial bank. Reverse repo is the rediscounting rate at which commercial bank borrows discounted security from central bank ie RBI.
Open market operation are used by the RBI for long term liquidity adjustment while reverse repo rate (or REPO) are used for short term LAF(liquidity adjustment facility). Now govt. introduced MSF(Marginal standing facility like Treasure Bills) to control short term fluctuation. Repo rate change offers range for Call Money Market, and now repo rates are monitored biweekly basis by RBI.
I dont know what you consider "reasonable", but, IF they can write in IL, this is a good bet. http://www.ocalainsurance.com/