REPO, REVERSE REPO ETC

sai kiran (ca final student) (78 Points)

29 March 2009  

May i know about REPO, REVERSE REPO & BANK RATE, which are recently heard in the headlines of news papers. Read that REPO means Rate of Interest charged by RBI from banks for the loans given to them . in another article it is reversly given. so i want clarification in this regard.

thank you,

sai kiran.