What is the repo rate. Reverse repo rate. How much maximum money customer can deposit on one day. Where you get the reference

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Repo rate is the rate at which the central bank lends money to commercial banks. Reverse repo rate is the rate at which banks can park their excess funds with the central bank. Maximum deposit limit varies by bank and account type.

Repo rate is the rate at which the central bank (like RBI in India) lends money to commercial banks to maintain liquidity, control inflation, and promote economic growth.
Reverse repo rate is the rate at which banks can park their excess funds with the central bank to earn interest on it.
The maximum amount a customer can deposit in one day varies by bank and account type. It is usually subject to anti-money laundering regulations and can range from a few thousand to several lakhs or more.
References for repo rate, reverse repo rate, and deposit limits can be found on the official website of the central bank or through financial news sources.

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What is the repo rate. Reverse repo rate. How much maximum money customer can deposit on one day. Where you get the reference

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