What is Repo Rate | Mr. Jasbir Singh | IPB India

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  • เผยแพร่เมื่อ 25 ก.ค. 2022
  • Repo or repurchase option is a means of short-term borrowing, wherein banks sell approved government securities to RBI and get funds in exchange. In other words, in a repo transaction, RBI repurchases government securities from banks, depending on the level of money supply it decides to maintain in the country's monetary system.
    Mr. Jasbir Singh, Retd. General Manager of Oriental Bank of Commerce and Mentor in Dean Academics at Institute of Professional Banking, has put up a list of 100 questions to help you conquer your banking interviews.
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