Reverse Repo Normalisation
Recently, State Bank of India stated that it believes the stage is set for a Reverse Repo Normalisation in India.
About Repo and Reverse Repo Rate
Repo Rate
- The term ‘Repo’ stands for ‘Repurchase Agreement’. It is the rate at which the Reserve Bank of India (RBI) gives loans to commercial banks against government securities. Reverse repo rate is the interest that RBI pays to banks for the funds that the banks deposit with it.
Implications
- If the repo rate increases, it means banks are getting funds from RBI at a higher cost.
- This, in turn, will mean that banks ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Spices Board Unveils SPICED Scheme
- 2 10 Years of Make in India
- 3 Centre Notifies Galathea Bay as a Major Port
- 4 Differential Benefits of Electricity in Rural Areas
- 5 PM E-DRIVE Scheme: Accelerating India's Shift to Electric Mobility
- 6 Finance Minister Reviews Performance of RRBs of NE Region
- 7 Vertical Fiscal Imbalance
- 8 Review of the NBFC Sector
- 9 Centenary Celebration of ICAR- NISA
- 10 Centre Launches White Revolution 2.0
- 1 Front Running
- 2 External Commercial Borrowings
- 3 Domestic Systemically Important Banks
- 4 Airtel Payments Bank Categorised as Scheduled Bank
- 5 Green Energy Corridor Phase-II
- 6 Indian Renewable Energy Development Agency (IREDA)
- 7 Scheme on Enhancement of Competitiveness in the Indian Capital Goods Sector- Phase-II
- 8 One District-One Product
- 9 BIS Completes 75 Years
