alexa

Search in Indianmoney's WealthPedia

User
What is the Impact of RBI Reverse Repo Rate cut?

By IndianMoney , 8 months ago

When the RBI lowers reverse repo rate, interest earned on deposits with RBI reduces. As a result of this, banks decrease their deposits with the RBI. This means there will be more liquidity in the system. Banks will invest in other securities and also provide loans at a cheaper rate to the public.

What is your Credit Score? Get FREE Credit Score in 1 Minute!

Get Start Now!
CIBIL Meter
Attention!

This is to inform that Suvision Holdings Pvt Ltd ("IndianMoney.com") do not charge any fees/security deposit/advances towards outsourcing any of its activities. All stake holders are cautioned against any such fraud.