Blog for Indian Financial Market, Know About IPO,Mutual Fund and Capital Market in one Blog
Thursday April 17th 2014

Posts Tagged ‘defenetion’

What is Repo Rate ?

What is Repo Rate ? It is the rate at which banks borrow from the RBI , "repo" means repurchase agreement, and the "repo rate" is the current interest rate for secured overnight or very short term secured financing involving the sale and repurchase of securities.