REPO & reverse REPO
This query is : Resolved
16 September 2010
respected experts
please explain me about REPO and reverse REPO.
thanks in advance for your valuable replies
please explain me about REPO and reverse REPO.
thanks in advance for your valuable replies
16 September 2010
Repo rate is the interest rate at which the reserve bank of
India lends money to other banks.
Reverse repo rate is interest rate which banks earn on excess funds
parked with the reserve bank of India.
India lends money to other banks.
Reverse repo rate is interest rate which banks earn on excess funds
parked with the reserve bank of India.
16 September 2010
Agreed with Mr Sinha.
In other words...
Repo rate is the discounting rate at which central bank borrows security from commercial banks. Repo means repurchase
agreement b/w RBI &commercial bank.
Reverse repo is the rediscounting rate at which commercial bank borrows discounted security from central bank ie RBI.
In other words...
Repo rate is the discounting rate at which central bank borrows security from commercial banks. Repo means repurchase
agreement b/w RBI &commercial bank.
Reverse repo is the rediscounting rate at which commercial bank borrows discounted security from central bank ie RBI.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Off Market debit and credit transaction
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- Reporting Income under Section 44ADA
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR returnFY25-26
- ITR 2 Short Term gain & Long term gain
- Share accounting-->fifo - capital gain - period as per fifo?
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
