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  • Repo Rate

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    09meghasingh
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    Repo rate also called key short term lending rate. If banks are short of funds they can borrow rupees from the RBI at the repo rate, the interest rate with a 1 day maturity. The reverse repo rate is the interest rate that banks receive if they deposit money with the central bank.

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    Repo rate also called key short term lending rate. If banks are short of funds they can borrow rupees from the RBI at the repo rate, the interest rate with a 1 day maturity. The reverse repo rate is the interest rate that banks receive if they deposit money with the central bank.

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    5 views1 page

    Repo Rate

    Uploaded by

    09meghasingh
    Repo rate also called key short term lending rate. If banks are short of funds they can borrow rupees from the RBI at the repo rate, the interest rate with a 1 day maturity. The reverse repo rate is the interest rate that banks receive if they deposit money with the central bank.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

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    RB Repo rate or key short term lending rate
    When reference is made to the Indian interest rate this often refers to the repo rate, also called the key short term
    lending rate. f banks are short of funds they can borrow rupees from the Reserve Bank of ndia (RB) at the repo
    rate, the interest rate with a 1 day maturity. f the central bank of ndia wants to put more money into circulation, then
    the RB will lower the repo rate. The reverse repo rate is the interest rate that banks receive if they deposit money
    with the central bank. This reverse repo rate is always lower than the repo rate. ncreases or decreases in the repo
    and reverse repo rate have an effect on the interest rate on banking products such as loans, mortgages and savings.

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