Economy, asked by riya65524, 11 months ago

what are repo and reverse repo

Answers

Answered by NailTheArtist2

0

In India, repo rate is the rate at which Reserve Bank of India lends money to commercial banks in India if they face a scarcity of funds. ... Reverse Repo rate is the rate at which the Reserve Bank of India borrows funds from the commercial banks in the country.

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Answered by 09singhanita09

0

Answer:

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Explanation:

In India, repo rate is the rate at which Reserve Bank of India lends money to commercial banks in India if they face a scarcity of funds. ... Reverse Repo rate is the rate at which the Reserve Bank of India borrows funds from the commercial banks in the country

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