Economy, asked by sanketpatel8181, 7 months ago

in which situation does rbi incrases bank rate?​

Answers

Answered by Anonymous
2

During high levels of inflation in the economy, the RBI increases the reverse repo. It encourages the banks to park more funds with the RBI to earn higher returns on excess funds. Banks are left with lesser funds to extend loans and borrowings to consumers.

Answered by aasthaheer2210
0

Answer:

RBI Increases bank Rate at the time of inflation

Explanation:

Hope this answer helps you

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