repo rate

  1. A

    Introduction to CRR, Repo, Reverse Repo

    Description Meaning of Repo Rate - A repo or more broadly, a repurchase agreement, is normally a contract through which a seller of securities promises to buy them back at a later date for a mutually agreed price. What is CRR, repo and reverse repo rate? What is CRR? Cash reserve Ratio (CRR) is...
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    • crr repo repo rate reverse repo
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  2. anant1a

    India Unexpectedly Cut Interest Rates to Spur Growth

    -- India's central bank unexpectedly cut interest rates for the second time in two weeks and reduced the amount of money lenders must hold in reserve in a bid to protect the economy from the global slowdown. The Reserve Bank of India lowered its repurchase rate to 7.5 percent from 8 percent...
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