How the Reserve Bank of India's Credit policy impacts on the commercial banks?
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Reserve Bank of India lends money to the commercial banks on a short term basis with government securities kept as collateral and the rate that RBI charges is known as the Repo Rate. ... Both of the rates together aid in controlling inflation and regulating the cash position of the economy.
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Reserve Bank of India lends money to the commercial banks on a short term basis with government securities kept as collateral and the rate that RBI charges is known as the Repo Rate. ... Both of the rates together aid in controlling inflation and regulating the cash position of the economy.
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