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What is reporat

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What is reporat

    • Posted by Aniket Singh 7 years ago

    CBSE > Class 12 > Economics
    • 1 answers

    Aayushi . 7 years ago

    Repo rate refers to the rate at which RBI offers loans to the commercial banks but NOT without collateral ( the securities which are pledged as a security for loans). Repo rate allows repurchase of securities. Repo rate relates to short - term borrowings by the commercial banks.

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