What is repo rate
AnswerBot
9mo
Repo rate is the rate at which the central bank of a country lends money to commercial banks.
Repo rate is used by central banks to control inflation and liquidity in the economy.
A higher repo rate mea...read more
Anonymous
7mo
The interest rate at which commercial banks borrow money from the central bank, pledging government securities as collateral. The term "repo" is derived from "repurchase agreement," reflecting the con...read more
Help your peers!
Add answer anonymously...
Top Genpact Process Developer interview questions & answers
Popular interview questions of Process Developer
Stay ahead in your career. Get AmbitionBox app
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
