What's is bank repo and reverse repo rate??

Question

Accepted Answer

Bank repo and reverse repo rates are tools used by central banks to control the money supply and inflation.

Repo rate is the rate at which the central bank lends money to commercial banks.
Reverse repo rate is the rate at which the central bank borrows money from commercial banks.
These rates are used to control the money supply and inflation by influencing the cost of borrowing and lending.
If the repo rate is high, it becomes more expensive for commercial banks to borrow money from the central bank, which reduces the money supply and can help control inflation.
If the reverse repo rate is high, it becomes more attractive for commercial banks to lend money to the central bank, which increases the money supply and can stimulate economic growth.
The repo and reverse repo rates are important tools for monetary policy and are closely watched by economists and investors.

Accepted Answer

AUM means Assets under management

Accepted Answer

NAV means Net Asset Value is calculated by dividing the total value of all cash in mutual funds portfolio

Accepted Answer

Myself N.Sivakumari ex employee of hdfc securities since 10 years grade is DM designation of senior relationship manager

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