Repo
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
04 August 2010
Dear all,
What is REPO and Reverse REPO.Let m know it. Its very urgent
What is REPO and Reverse REPO.Let m know it. Its very urgent
NISHIT A. DOSHI
(Expert)
05 August 2010
Hi,
REPO means the rate at which RBI gives money to the other banks and REVERSE REPO means the rate at which other banks give money to RBI.
Thanks.
C.A.NISHIT DOSHI
REPO means the rate at which RBI gives money to the other banks and REVERSE REPO means the rate at which other banks give money to RBI.
Thanks.
C.A.NISHIT DOSHI
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