reverse repo rate
/rɪˌvɜːs ˈriːpəʊ reɪt/noun
उच्चारण रिवर्स रीपो रेट
रिवर्स रेपो दर
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- 1
[C, usually singular] finance
the rate of interest at which a central bank borrows money from commercial banks for a short period
रिवर्स रेपो दर
- The central bank kept the reverse repo rate unchanged.
- A higher reverse repo rate encourages banks to park their extra funds with the central bank.
◇Word family
?Which word?
Do not confuse the repo rate (the rate at which the Reserve Bank of India lends to banks) and the reverse repo rate (the rate at which it borrows from banks).
Repo rate (वह दर जिस पर Reserve Bank of India बैंकों को उधार देता है) और reverse repo rate (वह दर जिस पर वह बैंकों से उधार लेता है) में भ्रमित न हों।
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General knowledge
Since April 2022, the Standing Deposit Facility rate, not the reverse repo rate, has been the floor of the Reserve Bank of India's interest rate corridor.
अप्रैल 2022 से Reserve Bank of India के interest rate corridor की निचली सीमा reverse repo rate नहीं, बल्कि Standing Deposit Facility rate है।