Oct 24 (Reuters) - India's central bank left its reverse repo rate, or the rate at which it absorbs excess cash from banks, unchanged at 6.0 percent at its quarterly policy review on Friday. The ...
July 8 (Reuters) - India's central bank said on Tuesday it will conduct a two-day variable rate reverse repo auction worth one trillion rupees ($11.67 billion) on July 9. The move follows the central ...
The repo rate is one of the most important terms in banking and finance, often making headlines every time the Reserve Bank of India (RBI) announces its monetary policy. The repo rate is the RBI’s ...
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