Repo Rate

Posted by: Hemraj sehra Posted date: Wednesday, June 13, 2012 / comment : 0

Whenever the banks have any shortage of funds they'll borrow it from tally. Repo rate is the rate at that our banks borrow rupees from tally. a reduction in the Repo rate will facilitate banks to get cash at a cheaper rate. when the Repo rate will increase borrowing from tally becomes costlier.

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