They both refer to the same.
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
238U and 14C are radioactive isotopes of natural chemical elements.
Now It Is 6%.
The rate will vary from bank to bank or money changer. As of 16Oct09, the interbank rate was 42.25 but expect to give up a few more rupees than that for a US Dollar.
The repo rate, or repurchase rate, is determined by a country's central bank as part of its monetary policy framework. It is the interest rate at which commercial banks borrow funds from the central bank, typically against government securities. The central bank sets this rate based on various factors, including inflation targets, economic growth, and liquidity in the financial system. Changes in the repo rate influence other interest rates in the economy, affecting borrowing and spending.
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.
When in case RBI require to take loan from commercial bank, than this rate of interest is known as reverse repo rate
a word
As banks need capital for their operations & they may undergo some financial crisis. At that time banks borows money from RBI at certain rate that rate of borowing in known as REPO RATE. In some cases if bank have excess amount they deposit their amount with RBI. the rate of intrest banks get paid by RBI is REVERSE REPO RATE. Reporate Plays important role in liquidity & Inflation.
BANK RATE--- bank rate is rate which is used for lending or borrowing in call money market (One bank lends to or borrows from other banks for intra day) PLR-- Rate is benchmark rate for banks.
Your local bank should have the currency exchange rates. It is dependent upon the rate of exchange between those two countries, and the wire rate your bank will charge.
In contemporary terms, the natural rate of interest is what businesses expect to earn on real investment. The bank rate is the return on financial assets in general and commercial bank loans in particular.
Assuming the State Bank of India, the spread between repo rate and reverse repo rate has trended towards 1.00%.
A bank rate is the rate at which a central bank charges interest when it lends money to another bank.
The rate of a bank cd varies based on several factors such as the length of the cd and the amount invested. The rate can be anywhere between .01% to 2%.
A bank rate is the rate of interest that is charged or paid by a bank on a balance of debt or credit. A bank rate calculator allows an individual to enter an amount and a bank rate, and see the impact of that rate against the balance.
The prime rate is the rate at which the central bank lends to the commercial banks whiles the base rate is the rate at which the commercial banks lend to the public
238U and 14C are radioactive isotopes of natural chemical elements.