Banking 5 Reverse REPO Rate
Introduction . R A Israel Jebasingh 2004 Batch IAS Director, Officers IAS Academy
Reverse REPO Rate
Reverse Repo Rate .Started in 1996 Rate of Interest the RBl pays to its clients
RBI I RRR 12.
RolDo House ( LOAN L14
Banks park their surplus fund with RBI Tool by which surplus money is drained out Increase of Reverse Repo Rate will suck out the excess money from the market because banks will prefer to deposit in RBI rather than giving as loans