Indian Real Estate Forum - www.indianrealestateforum.com - View Single Post - diff. in Bank rate and repo rate fixed by RBI

dewakar · 03-02-07

The repo rate is the rate at which the RBI borrows from the banks, while the bank rate is the rate at which the banks borrow from the RBI.

03-02-07	#2
dewakar Member Join Date: Oct 2006 Posts: 73 Thanks: 0 Thanked 0 Times in 0 Posts	Difference b/w bank rate and repo rate used by rbi. The repo rate is the rate at which the RBI borrows from the banks, while the bank rate is the rate at which the banks borrow from the RBI.