infalation & Repo
This query is : Resolved
18 June 2008
What is repo mean ?
How the inflation is calculated?
Regards
bhaskar
How the inflation is calculated?
Regards
bhaskar
18 June 2008
REPO MEANS RATE AT WHICH RBI PROVIDE SHORT TERM LOAN TO BANKS.
18 June 2008
ya bishan is correct..The reverse repo rate is the return banks earn on excess funds parked with the central bank against Government securities.
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