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What is Repo rate and Reverse Repo rate? What is its implications! - b2b

business2business (#32) 1024 days ago News reverse repo rate All https://business2business.co.in   Discuss  Published New Discard Success!

The repo rate is the rate at which a country's central bank (Reserve Bank of India in the case of India) lends money to commercial banks in the event of a cash shortage. The repo rate is used by monetary authorities to control inflation.