What are Reverse Repo Rate and Repo Rate of Reserve Bank Of India?
AnswerBot
1y
Reverse Repo Rate and Repo Rate are monetary policy tools used by Reserve Bank of India to control inflation and liquidity in the economy.
Repo Rate is the rate at which RBI lends money to commercial b...read more
Sandhya Sandy
1y
THE RATE OF REVERSE REPO RATE AND REPO RATE OF RESERVE BANK OF INDIA IS 6050%
Anonymous
1y
Reverse repo rate is 3.35% and bank rate is 5.15%
Nirav Mistry
1y
Repo Rate is the rate at which RBI lends money to commercial banks in case of shortage of funds
Abhimanyu Soni
author
2y
works at
Reverse Repo rate: When RBI take loan from commercial banks is called Reverse Repo rate. Repo Rate: When commercial banks borrow money from Reserve Bank of India is called Repo Rate.
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