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What is a Repo Rate? | Learn more about it

Whenever the banks have any shortage of funds they can borrow it from RBI. Repo rate is the rate at which our banks borrow rupees from RBI. A reduction in the repo rate will help banks to get money at a cheaper rate. When the repo rate increases borrowing from RBI becomes more expensive.

 

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Personal Loan & How to Apply for it?
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Home-Loan Rate in India
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Check you Eligibilyty for Home Loan | Find it Yourself
Inflation vs Interest Rates | Why Inflation and Interest rates are related ?
What is CRR Rate? | Learn more about it
What is a Repo Rate? | Learn more about it
What is a Reverse Repo Rate? | Learn more about it
Personal Loan vs Mortgage Loans | Learn more about it
Learn to Decide on your Home Loan tenure?
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