RBI policy meet: What is repo rate, reverse repo rate and how is it related to inflation?
The repo rate is the rate at which the central bank of the country will lend funds to the commercial banks.
By definition, the reverse repo rate is the rate at which the central bank borrows money from the commercial banks.
Published Date: Jun 5th, 2018 05:08 PM | Updated Date: Oct 05, 2018 02:49 PM IST
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