What Do You Mean By Repo Rate?

1.	What Do You Mean By Repo Rate?
Answer» WHENEVER the bank has any SHORTAGE of fund they can borrow it from RBI. Repo RATE is the rate at which the bank can borrow the amount from RBI. Whenever the bank has any shortage of fund they can borrow it from RBI. Repo rate is the rate at which the bank can borrow the amount from RBI.

Answer»

WHENEVER the bank has any SHORTAGE of fund they can borrow it from RBI. Repo RATE is the rate at which the bank can borrow the amount from RBI.

Whenever the bank has any shortage of fund they can borrow it from RBI. Repo rate is the rate at which the bank can borrow the amount from RBI.

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