What is Repo Rate and Reverse Repo Rate

 Repo Rate


1 : It is rate at which RBI lends money to bank
2 : It is higher than the Reverse Repo Rate
3 : It is used to control inflation and deficiency of funds



Reverse Repo Rate

1 : It is the rate at which RBI barrow's money from banks
2 : It is lower than the Repo Rate
3 : It is used to manage cash-flow



Comments

Post a Comment

Popular posts from this blog

Lyrics in Telugu naa cheli rojave song, na cheli rojave song lyrics in Telugu

Telugu story