Know Importance of Reverse Repo Rate
07/12/2021 Financial & Legal Services
Price: Check with seller
Description
A repo rate is a rate at which banks in India borrow funds from the Reserve Bank of India. The banks also borrow money from the RBI to meet its liquidity requirements. The reverse repo rate happens when the Central Bank of India borrows money from banks. It happens in the event of excess liquidity available in the market.
You can get more knowledge of the Reverse Repo Rate at the bajaj finserv website.
“T & C Apply”
Comments
Kajal
Individual
More Details