What the difference between Repo rate & reverse repo rate

AnswerBot
9mo

Repo rate is the rate at which the central bank lends money to commercial banks, while reverse repo rate is the rate at which commercial banks can park their excess funds with the central bank.

  • Repo ra...read more

Help your peers!
Add answer anonymously...
DBS Bank Officer Interview Questions
Stay ahead in your career. Get AmbitionBox app
qr-code
Helping over 1 Crore job seekers every month in choosing their right fit company
65 L+

Reviews

4 L+

Interviews

4 Cr+

Salaries

1 Cr+

Users/Month

Contribute to help millions
Get AmbitionBox app

Made with ❤️ in India. Trademarks belong to their respective owners. All rights reserved © 2024 Info Edge (India) Ltd.

Follow us
  • Youtube
  • Instagram
  • LinkedIn
  • Facebook
  • Twitter