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diff. in Bank rate and repo rate fixed by RBI

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diff. in Bank rate and repo rate fixed by RBI

Last updated: February 3 2007
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  • diff. in Bank rate and repo rate fixed by RBI

    What is the difference between Bank rate and repo rate fixed by RBI?
  • #2

    #2

    Re : diff. in Bank rate and repo rate fixed by RBI

    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.

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