Accountancy, asked by JAYANTH5266, 1 year ago

What is Repo Rate and Reverse Repo Rate?

Answers

Answered by Anonymous
7

Explanation:

repo rate is concerned with short term lending by Central Bank to commercial bank and it is governed by the short-term interest ratewall paint rate is applicable to long term lending by the central bank and commercial bank and it is governed by long-term interest rate

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