8(Repo rate) Flashcards
1
Q
What is repo rate
A
The rate at which RBI lends tio banks.
2
Q
WHy in news
A
First time RBI revise repo rate with non multiple of 25.
It has reduced by 35 base points.
1 August 2019 > 8(Repo rate) > Flashcards
What is repo rate
The rate at which RBI lends tio banks.
WHy in news
First time RBI revise repo rate with non multiple of 25.
It has reduced by 35 base points.