Repo rate and CASA
Divya Priya (student) (333 Points)
06 September 2019
what is a repo rate ? reverse repo rate and CASA.?
2 Replies
Sai Prabhu Narayanan
(Articled assitant )
(161 Points)
Replied 06 September 2019
REPO RATE IS THE RATE AT WHICH RBI LENDS MONEY TO THE BANKS AND REVERSE REPO IS VICE VERSA
B Ravi Kumar ACMA, MBA, M Com
(Chief Accounts Officer)
(830 Points)
Replied 06 September 2019
CASA - Current Accounts and Savings Accounts.
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